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Stone Mountain,GA 30083
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,734 sqft
Price per Sqft $124
Subdivision Crystal Lakes
MLS Listing ID 7528620
Style Traditional
Bedrooms 8
Full Baths 3
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1996
Annual Tax Amount $4,942
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Single Family Residence
Property Description
Calling all real estate investors looking for a strong return on investment! 1284 To Lani Path in Stone Mountain presents a phenomenal opportunity to acquire a property with a 10.25% cap rate. This 8-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. 1284 To Lani Path is an excellent location for occupants who live and work in Metro Atlanta. Just 2.5 miles to Indian Creek MARTA station and all of the metro Atlanta accessible via the blue line. Close to restaurants and retail at Redan crossing, this location is sure to be a hit with current and future occupants. Make this cash-flowing winner a part of your real estate portfolio today!
Location
State GA
County Dekalb
Lake Name None
Rooms
Bedroom Description Other
Other Rooms None
Basement Exterior Entry,Finished,Interior Entry
Main Level Bedrooms 5
Dining Room Open Concept
Interior
Interior Features Disappearing Attic Stairs,Entrance Foyer,Entrance Foyer 2 Story,High Ceilings 9 ft Main,High Speed Internet
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Carpet,Ceramic Tile,Hardwood
Fireplaces Number 1
Fireplaces Type Family Room,Gas Starter
Window Features None
Appliance Electric Oven,Electric Range,Microwave,Range Hood,Refrigerator
Laundry In Basement,Laundry Room
Exterior
Exterior Feature Private Entrance,Private Yard,Rain Gutters
Parking Features Attached,Driveway,Garage,Garage Faces Front
Garage Spaces 1.0
Fence Back Yard,Wood
Pool None
Community Features Near Schools,Near Shopping
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available
Waterfront Description None
View Neighborhood
Roof Type Composition
Street Surface Paved
Accessibility None
Handicap Access None
Porch Deck
Private Pool false
Building
Lot Description Back Yard,Front Yard,Private,Sloped
Story Two
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Structure Type Frame
New Construction No
Construction Status Resale
Schools
Elementary Schools Allgood - Dekalb
Middle Schools Freedom - Dekalb
High Schools Clarkston
Others
Senior Community no
Restrictions false
Tax ID 15 223 01 338
Ownership Fee Simple
Financing no
Special Listing Condition None