1411 Stone Mill TRCE, Stone Mountain, GA 30083
1411 Stone Mill TRCE, Stone Mountain, GA 30083
1411 Stone Mill TRCE, Stone Mountain, GA 30083
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Alvin Slate

Alvin Slate

+1(470) 944-7167
$ 110,000
Est. payment | /mo

958 Sqft Lot

Save
$ 110,000
Est. payment | /mo
Save

958 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Stone Mill Village

MLS Listing ID 7784606

Construction Status Resale

HOA Y/N No

Year Built 1974

Annual Tax Amount $2,351

Tax Year 2023

Lot Size 958 Sqft

Acres 0.022

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

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.

Location

State GA

County Dekalb

Area Stone Mill Village

Lake Name None

Interior

Heating Electric

Cooling Ceiling Fan(s), Central Air, Window Unit(s)

Flooring Carpet, Laminate, Vinyl

Window Features None

Exterior

Parking Features Carport, Detached

Fence Fenced, Wood

Community Features Homeowners Assoc

Utilities Available Other

Waterfront Description None

View Y/N Yes

View Other

Roof Type Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 1

Private Pool false

Building

Lot Description Other

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Other

Construction Status Resale

Schools

Elementary Schools Stone Mountain

Middle Schools Stone Mountain

High Schools Stone Mountain

Others

Senior Community no

First Multiple Listing Service(FMLS)
Listed by Foundation Partners Realty, LLC
Alvin Slate
Alvin Slate

Agent | License ID: 404817

+1(470) 944-7167 | alvin.slate@exprealty.com

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1411 Stone Mill TRCE