Stone Mountain, GA 30083,795 Needle Rock DR
Stone Mountain, GA 30083,795 Needle Rock DR
Stone Mountain, GA 30083,795 Needle Rock DR
Stone Mountain, GA 30083,795 Needle Rock DR
Stone Mountain, GA 30083,795 Needle Rock DR
Stone Mountain, GA 30083,795 Needle Rock DR
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Listed by Josh Stanton • Keller Williams Realty
Bought with Eyob Teklu • BHGRE Metro Brokers

$290,000

$275,000

5.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

9 Beds

3 Baths

2,025 SqFt


SOLD DATE : 01/19/2024

Key Details

Sold Price $290,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,025 sqft

Price per Sqft $143

Subdivision Shadowrock Acres

MLS Listing ID 10234918

Sold Date 01/19/24

Style Brick 4 Side,Traditional

Bedrooms 9

Full Baths 3

Construction Status Resale

HOA Y/N No

Year Built 1969

Annual Tax Amount $3,480

Tax Year 2022

Lot Size 0.300 Acres

Property Description

Generating over $5,800 per month in gross rental income ($70,000 per year), this seasoned PadSplit coliving home offers a unique combination of cash flow and turnkey management in a sought-after location. This split level home on a beautiful lot in unincorporated Stone Mountain. It's close to downtown Stone Mountain, interstates and major arterials, ensuring superb connectivity. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. 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. Sold with an optional top-rated superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. 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

Rooms

Basement Bath Finished, Full

Main Level Bedrooms 3

Interior

Interior Features Roommate Plan

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Hardwood, Tile, Laminate

Exterior

Garage Off Street

Garage Spaces 4.0

Community Features None

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available

View City

Roof Type Composition

Building

Story Multi/Split

Foundation Slab

Sewer Public Sewer

Level or Stories Multi/Split

Construction Status Resale

Schools

Elementary Schools Stone Mill

Middle Schools Stone Mountain

High Schools Stone Mountain

Others

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

Special Listing Condition Investor Owned

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Georgia MLS (GAMLS)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(678) 647-3150

broker@sandshomesrealtyllc.com

100 Courthouse Square, Buchanan, GA, 30113, United States

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