Private patio areaWell-appointed kitchenFunctional floor plan
Investor Opportunity! Tenant-Occupied & Cash-Flowing Condo in Stone Mountain! This well-maintained 2-bedroom, 1.5-bath condominium is a turnkey investment property with an established Housing Choice Voucher tenant already in place. The current lease extends through February 2027, providing immediate and stable cash flow. The functional floor plan features spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area. HOA dues include exterior maintenance, landscaping, and water/sewer, helping to simplify ownership and management. This property is Housing Voucher approved, and the voucher is transferable, making it an attractive option for investors seeking reliable income and long-term occupancy. 1411 Stone Mill Trace is also available as part of a rare 3-unit investment package that includes 1413 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 in one transaction. Rent roll and lease information are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Showings by appointment only. Do not disturb tenant.
78 days
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559
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32
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Zillow last checked:
Listing updated:
Listed by:
Fransau McDonald4704457626,
Foundation Partners Realty LLC
Source: GAMLS,MLS#: 10781249
Facts & features
Interior
Heating
Electric
Cooling
Ceiling Fan(s), Central Air, Window Unit(s)
Features
Basement: None
Has fireplace: No
Property
Parking
Total spaces: 1
Parking features: Assigned, Carport, Detached
Has carport: Yes
Features
Levels: Two
Stories: 2
Body of water: None
Lot
Size: 958 Square Feet
Details
Parcel number: 18 137 05 032
Special conditions: As Is,Investor Owned
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Other
Foundation: Slab
Condition
Updated/Remodeled
New construction: No
Year built: 1974
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Other
Community & HOA
Community
Features: None
Subdivision: Stone Mill Village
HOA
Has HOA: Yes
Services included: Insurance, Maintenance Structure, Maintenance Grounds, Trash, Water