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344 Colchester Drive

Stone Mountain, GA 30088
  • $290,000
  • STATUS: Pending
  • ON SITE: 15 Days
  • MLS #: 10313839
Pending
UPDATED: 101 min ago
$290,000
  • 6
    BEDS
  • 0.5
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,692
    SQFT
  • $108
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1961
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Bradley Sikes Group | Meybohm Real Estate are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Bradley Sikes Group | Meybohm Real Estate. Data last updated: 2024-06-22T00:10:17.723.
www.csrarealtor.com/homes/151405227
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344 Colchester Drive Stone Mountain, GA 30088

  • Price: $290,000
  • Status: Pending
  • On Site: 15 Days
  • Updated: 101 min ago
  • MLS #: 10313839
6
Beds
4
Baths
0
½ Baths
0.5
Acres
2,692
SQFT
$108
$/SQFT
1961
Built
Neighborhood:
Eddington
County:
Dekalb
Area:
Stone Mountain
Elementary School:
Rockbridge
Middle School:
Stone Mountain
High School:
Stone Mountain
Property Description
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.
Exterior Features

Architectural Style Brick 4 SideTraditional Attached Garage YN No Carport YN No Common Walls No Common Walls Construction Materials Brick Fencing Back YardChain Link Foundation Details Block Garage YN No Levels Two Lot Features Other Lot Size Area 21780 Lot Size Source Public Records Lot Size Units Square Feet Parking Features Off Street Parking Total 0 Patio And Porch Features PatioPorch Roof Composition Total Number Of Slips 0 View YN No

Interior Features

Above Grade Finished Area 2692 Above Grade Finished Area Units Square Feet Appliances Refrigerator Basement Finished BathDaylightFinishedInterior Entry Below Grade Finished Area 0 Below Grade Finished Area Units Square Feet Below Grade Unfinished Area 0 Building Area Total 2692 Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Laminate Heating CentralForced AirNatural Gas Heating YN Yes Interior Features Other Laundry Features Common Area Living Area Source Public Records Living Area Units Square Feet Main Level Bathrooms 3 Main Level Bedrooms 3 Rooms Other

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features None District 18 Electric On Property YN Yes Es Bus Yn No Home Warranty YN No Hs Bus Yn No Land Lease YN No Land Lot 38 Listing Terms CashConventional Ms Bus Yn No New Construction YN No Property Attached YN No Property Condition Resale Property Sub Type Single Family Residence Section 0 Sewer Public Sewer Special Listing Conditions As IsNo Disclosure Structure Type House Tax Annual Amount 4431 Tax Year 2023 Unit 0 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Keller Williams Realty: 404-564-5560. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Bradley Sikes Group | Meybohm Real Estate are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Bradley Sikes Group | Meybohm Real Estate. Data last updated: 2024-06-22T00:10:17.723.
 
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The Bradley Sikes Group | Meybohm Real Estate
7025 Evans Town Center Blvd
Evans GA, 30809