1413 STONE MILL Trace, Stone Mountain, GA 30083

$110,000
2
BD
2
BA
1,152
SqFt

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List Price
$110,000
Status
ACTIVE
Days on Market
53
MLS#
10778339
Subtype
Residential
Style
A-Frame
Year Built
1974
Bedrooms
2
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,152
Lot Size
958
Acres
0.02
Subdivision
Stone Mill Condominium Association

Property Description

Investor Opportunity! Vacant & Ready for Immediate Income Production! This 2-bedroom, 1.5-bath condominium presents an excellent opportunity for investors seeking a value-add asset with strong rental potential. The functional floor plan offers spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area ideal for tenant enjoyment. Currently vacant, this unit is projected to achieve close to $1,675 per month in market rent and offers flexibility for traditional leasing or placement of a housing voucher tenant. HOA dues include exterior maintenance, landscaping, and water/sewer, helping reduce ownership responsibilities and simplify management. 1413 Stone Mill Trace is also part of a rare 3-unit investment package that includes 1411 and 1421 Stone Mill Trace. Together, the portfolio generates approximately $5,000 in monthly rental income and nearly $60,000 annually in gross revenue, offering investors an opportunity to acquire a stabilized, income-producing portfolio with both immediate cash flow and upside potential. Rent roll, lease information, and financials are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Whether purchased individually or as part of the portfolio package, this property offers an attractive opportunity for investors looking to build wealth through real estate.

Additional Information

Interior Features
Other
HOA Fee
$420
Property Description
A-Frame
Flooring
Carpet, Tile, Vinyl
Appliances
Convection Oven, Dishwasher, Other, Refrigerator
Heating
Forced Air
Air Conditioning
Central Air
Stories
2 Stories
Levels
Two
Parking
Carport, Assigned
Elementary School
Stone Mountain
High School
Stone Mountain

Listing courtesy of Foundation Partners Realty LLC.

© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.

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