Sold

344 Colchester Drive, Stone Mountain, GA 30088

Beds
6
Baths
4
Sqft
2,692

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Realty
  • 3
  • 0

Overview

Rare, 12% CAP Occupied rental grossing over $6,200+ per month gross income per month (AFTER vacancies). 0.2mi to public transit, and around the corner from downtown Stone Mountain and Pine Lake. Mind boggling cash flow will give you a cash-on-cash return of 20%+! This turnkey rental is managed by a company focused on workforce housing that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened, required to pass a criminal background check and undergo income verification. Management Company handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
6
Number of bathrooms
4
Square feet
2,692
Lot size (acres)
0.50
Year built
1961

Interior features

Basement
Yes, Finished

Utilities

Heating
Central, Forced air, Natural gas
Cooling
Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2023)
$4,431

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Georgia MLS MLS®#: 10313839 Last checked:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright © 2024 GAMLS. All rights reserved.