5374 Cherry Wood DR, Stone Mountain, GA 30083
5374 Cherry Wood DR, Stone Mountain, GA 30083
5374 Cherry Wood DR, Stone Mountain, GA 30083
4
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$104,999
$104,999
Est. payment /mo
2 Beds
2 Baths
1,097 SqFt
Sold on 09/22/2026

5374 Cherry Wood DR Stone Mountain, GA 30083

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Alan Richardson
Alan Richardson

Broker License ID: 327307

+1(678) 782-5050

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Key Details

Sold Price $104,999

Property Type Townhouse

Sub Type Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,097 sqft

Price per Sqft $95

Subdivision Ridge Forest Ph 02B

MLS Listing ID 10834263

Style Ranch

Bedrooms 2

Full Baths 2

Year Built 1986

Annual Tax Amount $4,980

Tax Year 2025

Lot Size 3,484 Sqft

Property Sub-Type Townhouse

Property Description

Unlock significant investment potential with this charming ranch-style home located at 5374 Cherry Wood Drive in Stone Mountain. Priced at an attractive $104,999 Cash or conventional only , this property offers an exceptional opportunity for real estate investors seeking a strong return. Boasting a desirable double master bedroom layout this residence is designed for comfortable living and easy maintenance, appealing to a wide range of prospective tenants or future homeowners.The classic brick front exterior provides excellent curb appeal, while the quiet neighborhood ensures a peaceful environment. Built in 1986, this single-level home eliminates the concerns of stairs, enhancing accessibility and broad appeal. A major advantage for investors is NO Homeowners Association (HOA), which translates to lower holding costs and greater flexibility in property management. With an estimated After Repair Value (ARV) of $200,000, this property presents a clear path to substantial equity growth.This affordable investment is strategically located in Stone Mountain, a community offering convenience and a steady rental market. The practical layout, combined with the low-maintenance features and NO HOA fees, makes this an ideal asset for your portfolio. Seize the opportunity to transform this solid foundation into a lucrative investment. This property is ready for its next chapter, promising both immediate value and long-term appreciation for the savvy investor.

Location

State GA

County Dekalb

Interior

Heating Central

Cooling None

Flooring Other

Laundry Other

Exterior

Parking Features Parking Pad

Community Features None

Utilities Available Other

Waterfront Description No Dock Or Boathouse

View Y/N No

Roof Type Composition

Building

Lot Description None

Sewer Public Sewer

Water Public

Structure Type Brick,Other

New Construction No

Schools

Elementary Schools Stone Mountain

Middle Schools Stone Mountain

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Resale


Georgia MLS - GAMLS

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Alan Richardson

Alan Richardson

Broker License ID: 327307

+1(678) 782-5050

Name
Phone*
Message

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5374 Cherry Wood DR