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1150 Rankin Street Unit 7F
Stone Mountain, GA 30083
$135,000
MLS # 7839288
Listing courtesy of Keller Williams Realty Peachtree Rd., 404-419-3500.
- 3 beds
- 2 full baths
- 1 half bath
- 1,380 sq ft
About this home
INVESTOR OPPORTUNITY WITH ESTABLISHED LONG-TERM TENANT IN PLACE! This updated 3-bedroom, 2.5-bath townhouse-style condo in Stone Mountain West offers investors the opportunity to step into an income-producing property with fewer of the typical upfront hassles of acquiring a rental. An excellent long-term tenant is already in place with a lease through September 2027 and is responsible for all utilities. For a new owner, that means immediate rental income without the initial downtime, turnover expenses, make-ready costs and uncertainty of finding and placing a new tenant. Don't miss this excellent opportunity to grow or diversify your rental portfolio. The two-level floor plan features an updated kitchen and bathrooms, luxury vinyl plank flooring on the main level, generous living and dining spaces, and three bedrooms upstairs. The HOA recently replaced the roof, providing another important recent improvement. Association dues cover common-element maintenance including pest control, exterior painting, staining and cleaning, exterior window frames, and hallway-facing entry doors. Conveniently located near Downtown Stone Mountain shopping and dining, Stone Mountain Park, area schools, Highway 78 and I-285, with easy access throughout Metro Atlanta. Looking for the numbers? Contact the listing agent for current rental information, gross income, estimated NOI and additional investment details. TENANT OCCUPIED. SHOWINGS WILL BE AVAILABLE WITH ACCEPTED OFFER DURING DUE DILIGENCE. Please respect the tenant's privacy and DO NOT DISTURB.
Details
- Home type
- Condominium
- County
- Dekalb County
- Year built
- 1971
- Lot size (acres)
- 0.02
- Association fee
- $375
- Association fee frequency
- Monthly
- Annual tax
- $3,782
- Tax year
- 2025
- Elementary school
- Stone Mountain
- Middle school
- Stone Mountain
- High school
- Stone Mountain
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Appliances
- Dishwasher, Electric Range, Refrigerator
- Flooring
- Carpet, Luxury Vinyl
- Basement
- None
- Parking
- Parking Lot
- Levels
- Two
- Style
- Townhouse
- Interior
- Other
- Exterior
- Other
- Community
- Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Other
- Pool
- None
- Days on market
- 40
Listing courtesy of Keller Williams Realty Peachtree Rd., 404-419-3500.