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1150 Rankin Street, Stone Mountain
$135,000
3 Beds ⋅ 3 Baths ⋅ 10848611 MLS
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 AN ACCEPTED OFFER DURING DUE DILIGENCE. Please respect the tenant's privacy and DO NOT DISTURB.

1150 Rankin Street, Stone Mountain

Listing courtesy of Keller Williams Realty PeachtreeRoad.

1150 Rankin Street, Stone Mountain
$148,000
3 Beds ⋅ 3 Baths ⋅ 10720505 MLS
This house has been well taken care, and it is move-in ready. Recently painted interior walls, ceiling, trims, doors. New blinds, new light fixtures, new doorknobs, new carpet, 2026 water heater, new dishwasher, new stove and vent hood (2 months old). Fresh painted bathrooms vanities, new carbon monoxide /fire alarm. New roof, new gutters, recently pressure washed, recently painted fence. Just a few minutes to restaurants, shoppings, grocery stores and you can enjoy all that Stone Mountain Park has to offer, it is just around the corner. CASH, CONVENTIONAL or VA. NOT FHA approved. This is a good opportunity for a primary residency or long-time rental investment. We kindly ask you to please take off your shoes and please do not use the bathrooms.

1150 Rankin Street, Stone Mountain

Listing courtesy of Maximum One Executive Realtors.

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