1413 Stone Mill Trace, Stone Mountain, GA 30083
Local realty services provided by:CENTURY 21 Results
1413 Stone Mill Trace,Stone Mountain, GA 30083
$271,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: fransau mcdonald
Office: foundation partners realty, llc.
MLS#:7835273
Source:FIRSTMLS
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Price summary
- Price:$271,000
About this home
Investor Opportunity! Occupied and Ready for Immediate Income Production! This 2-bedroom, 1.5-bath condominium presents an excellent opportunity for investors seeking a value-add asset with strong rental potential. The functional floor plan offers spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area ideal for tenant enjoyment. Currently vacant, this unit is projected to achieve close to $1,675 per month in market rent and offers flexibility for traditional leasing or placement of a housing voucher tenant. HOA dues include exterior maintenance, landscaping, and water/sewer, helping reduce ownership responsibilities and simplify management. 1413 Stone Mill Trace is also part of a rare 3-unit investment package that includes 1411 and 1421 Stone Mill Trace. Together, the portfolio generates approximately $5,000 in monthly rental income and nearly $60,000 annually in gross revenue, offering investors an opportunity to acquire a stabilized, income-producing portfolio with both immediate cash flow and upside potential. Rent roll, lease information, and financials are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Whether purchased individually or as part of the portfolio package, this property offers an attractive opportunity for investors looking to build wealth through real estate....
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Home facts
- Year built:1974
- Subdivision & Development:Stone Mill Condominium Association
- Listing ID #:7835273
- Updated:October 25, 2026 at 06:40 AM
Rooms and interior
- Flooring:Carpet, Ceramic Tile, Vinyl
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1974
- Construction Materials:Vinyl Siding
- Levels:2 Story
Schools
- High school:Stone Mountain
- Middle school:Stone Mountain
- Elementary school:Stone Mountain
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$271,000
- Tax amount:$2,746 (2024)
Parking
- Total parking spaces:1
- Parking description:Carport
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