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4087 Creek CT Stone Mountain, GA 30083
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Key Details
Sold Price $325,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,883 sqft
Price per Sqft $112
Subdivision Hiawatha
MLS Listing ID 7406787
Sold Date 10/23/24
Style Traditional
Bedrooms 10
Full Baths 3
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1964
Annual Tax Amount $5,232
Tax Year 2023
Lot Size 0.300 Acres
Acres 0.3
Property Description
Rare, 12% CAP Occupied PadSplit grossing over $6,200+ per month gross income per month (AFTER vacancies). 0.3mi to public transit, and around the corner I-85/I-285 interchange and the airport for superb connectivity and access to job centers. Mind boggling cash flow will give you a cash-on-cash return of 25%+! 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.
Location
State GA
County Dekalb
Lake Name None
Rooms
Bedroom Description Other
Other Rooms None
Basement Daylight, Finished
Main Level Bedrooms 6
Dining Room None
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Laminate
Fireplaces Type None
Window Features None
Appliance Electric Range, Microwave, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Rain Gutters
Garage Driveway
Fence Wood
Pool None
Community Features None
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Shingle
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch Patio
Parking Type Driveway
Private Pool false
Building
Lot Description Back Yard, Front Yard, Level
Story Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Structure Type Brick,Brick 4 Sides,Wood Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Rowland
Middle Schools Mary Mcleod Bethune
High Schools Towers
Others
Senior Community no
Restrictions false
Tax ID 15 222 07 005
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing no
Special Listing Condition None
Read Less
Bought with Cornerstone Real Estate Partners, LLC
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