1413 STONE MILL TRCE, Stone Mountain, GA 30083
1413 STONE MILL TRCE, Stone Mountain, GA 30083
1413 STONE MILL TRCE, Stone Mountain, GA 30083
15
$90,333
$110,000
17.9%
Est.Price: ?

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2 BD
1.5 BA
1,152 SqFt

1413 STONE MILL TRCE Stone Mountain, GA 30083

Est. payment /mo
SOLD DATE : 09/30/2026

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Key Details

Sold Price $90,333

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,152 sqft

Price per Sqft $78

Subdivision Stone Mill Condominium Association

MLS Listing ID 10778339

Style A-Frame

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $420

Year Built 1974

Annual Tax Amount $2,746

Tax Year 2024

Lot Size 958 Sqft

Property Sub-Type Condominium

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.

Location

State GA

County Dekalb

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Laundry In Kitchen

Exterior

Parking Features Carport, Assigned

Garage Spaces 1.0

Fence Back Yard, Fenced, Privacy

Community Features None

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

View Y/N No

Roof Type Other

Building

Lot Description Other

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Stone Mountain

Middle Schools Stone Mountain

High Schools Stone Mountain

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Resale

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Alan Richardson

Alan Richardson

Broker License ID: 327307

+1(678) 782-5050

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