1421 Stone Mill TRCE, Stone Mountain, GA 30083
1421 Stone Mill TRCE, Stone Mountain, GA 30083
1421 Stone Mill TRCE, Stone Mountain, GA 30083
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$110,000
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958 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status New

Purchase Type For Sale

Subdivision Stone Mill

MLS Listing ID 10778469

HOA Fees $385

HOA Y/N Yes

Year Built 1974

Annual Tax Amount $2,746

Tax Year 2025

Lot Size 958 Sqft

Acres 0.022

Lot Dimensions 958.32

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Here's a more investor-focused version that emphasizes the existing cash flow and package opportunity: Cash-Flowing Investment Opportunity! Attention investors! This tenant-occupied condo offers immediate income and is an excellent addition to any rental portfolio. Featuring a roommate-friendly floor plan with 2 spacious bedrooms and 1 full bathroom upstairs, this property is designed for strong rental appeal and long-term occupancy. The primary suite includes a walk-in closet and French doors opening to a charming Juliet balcony. Enjoy private fenced patios in both the front and rear of the unit, along with an attached exterior storage building and an assigned carport with an additional storage closet. Additional guest parking is available throughout the community. Recent improvements include newer carpet, Pergo hardwood flooring, tile in wet areas, exterior paint, and a well-maintained HVAC system that was replaced approximately seven years ago. The community is professionally managed and located within the City of Tucker, offering convenient access to Stone Mountain Park, Downtown Tucker, Stone Mountain Village, I-285, and major employment centers throughout Metro Atlanta. This property is already tenant occupied and producing income, making it a true turnkey investment opportunity. Even better, it may be purchased individually or as part of a three-unit investment package that includes 1409 and 1411 Stone Mill Trace. Two of the three units are currently occupied and generating cash flow, creating an attractive opportunity for investors seeking immediate returns and portfolio growth. No rental restrictions. Rent roll and financial information available upon request.

Location

State GA

County Dekalb

Rooms

Bedroom Description No

Basement None

Interior

Heating Forced Air

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Assigned

Garage Spaces 2.0

Community Features None

Utilities Available Electricity Individual Meters, Sewer Connected, Water Individual Meters

View Y/N No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Faces From I-285, take Exit 39B for US-78 East toward Stone Mountain. Continue approximately 4 miles and take the exit for Mountain Industrial Boulevard. Turn right onto Mountain Industrial Boulevard and travel approximately 1 mile. Turn right onto Stone Mill Way, then continue onto Stone Mill Trace. Follow Stone Mill Trace to 1421 Stone Mill Trace. Property will be located within the Stone Mill community.

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Stone Mountain

Middle Schools Stone Mountain

High Schools Stone Mountain

Others

HOA Fee Include None

Tax ID 18 137 05 019

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition Resale


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Georgia MLS - GAMLS

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1421 Stone Mill TRCE

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Elizabeth Harvill
Elizabeth Harvill

Agent | License ID: 421606

+1(912) 245-1186 | elizabeth.harvill@exprealty.com

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