1411 Stone Mill Trace, Stone Mountain, GA

$110,000

Previous Next

0.02

Acres

About 1411 Stone Mill Trace

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.

Features of 1411 Stone Mill Trace

MLS® # 7784606
Price $110,000
Acres 0.02
Year Built 1974
Type Residential Income
Sub-Type Other
Status Active
Has Master On Main No
Basement No

Community Information

Address 1411 Stone Mill Trace
Subdivision Stone Mill Village
City Stone Mountain
County Dekalb - GA
State GA
Zip Code 30083

Amenities

Utilities Other
Parking Spaces 1
Parking Carport, Detached
View Other
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Electric
Cooling Ceiling Fan(s), Central Air, Window Unit(s)
Has Basement No
Fireplace No
Stories Two

Exterior

Lot Description Other
Windows None
Roof Shingle
Construction Other

School Information

Elementary Stone Mountain
Middle Stone Mountain
High Stone Mountain

Additional Information

Days on Market 2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFoundation Partners Realty, LLC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?