$119,000
For Sale

1151 Rankin Street #16A

Stone Mountain, GA 30083
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Investor Opportunity! This fully renovated 2-bedroom, 1.5-bath townhome is ideally situated just steps from both Stone Mountain Park and Downtown Stone Mountain. Featuring brand new stainless steel appliances, stylish LVP flooring, and sleek quartz countertops, this move-in ready home offers modern living with minimal upkeep. This is one of two units for sale, which can be purchased separately or together, and both units are currently rented at $1,475/month and $1,550/month respectively, making this an ideal income-generating investment. Enjoy consistent cash flow in a growing area with high rental demand. With its prime location near local attractions and outdoor recreation, this property is perfect for long-term rental or short-term vacation rentals like Airbnb or Travel Nursing. Don't miss this high-demand opportunity in a rapidly growing area!

  • Property Details
      • Acres0.014
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1971
  • Utilities / Energy Details
      • Utility FeaturesOther, Underground Utilities
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionStone Mountain West Condo
    • Location
      • Elementary SchoolStone Mountain
      • Middle SchoolStone Mountain
      • High SchoolStone Mountain
      • CountyDeKalb
  • Financial Details
      • Taxes Annual$2,840
  • Other
      • MLS #10392499

Location

Dan HannonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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