REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Josh Bacorn

[email protected] +1(404) 219-3229

$ 274,000

Est. payment -/mo

Save Virtual Tour

Pending

4578 Sherrington CT Stone Mountain, GA 30083

5 Beds

4.5 Baths

1,750 SqFt

UPDATED:

09/16/2024 02:11 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,750 sqft

Price per Sqft $156

Subdivision Sherrington

MLS Listing ID 7451858

Style Traditional

Bedrooms 5

Full Baths 4

Half Baths 1

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1970

Annual Tax Amount $5,043

Tax Year 2023

Lot Size 0.600 Acres

Acres 0.6

Property Description

This Stone Mountain rental is ideal for the savvy investor. With furnished rooms and 4.5 bathrooms (2 en-suites) this home produces robust rental income compared to anything available on the market, while providing solid workforce housing. It grosses $4600 per month on average with some months averaging consistently above $6000. 0.3 miles to public transit on a major arterial, Redan Rd. Potential for 13% cap rate and 25%+ Cash-on-Cash ROI. FInancials and Proforma available upon request. Powered by PadSplit, this occupied rental is a workforce housing solution 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 by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit 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. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. NOTE: SqFt of home is larger than the tax records state. Financing must be cash, hard money or one of our preferred lenders with PadSplit experience.

Location

State GA

County Dekalb

Lake Name None

Rooms

Bedroom Description Other

Other Rooms None

Basement None

Main Level Bedrooms 5

Dining Room None

Interior

Interior Features Other

Heating Central

Cooling Central Air

Flooring Hardwood, Laminate

Fireplaces Type None

Window Features None

Appliance Electric Cooktop, Electric Oven, Range Hood, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Rain Gutters

Garage Driveway

Fence None

Pool None

Community Features None

Utilities Available Electricity Available, Water Available

Waterfront Description None

Roof Type Shingle

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch Front Porch

Parking Type Driveway

Private Pool false

Building

Lot Description Front Yard

Story One

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Structure Type Brick

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 15 224 06 089

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing no

Special Listing Condition None

Listed by Keller Williams Realty Metro Atlanta

Josh Bacorn

+1(404) 219-3229

Josh Bacorn

4578 Sherrington CT Stone Mountain, GA 30083

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

4578 Sherrington CT