$85,000

1427 STONE MILL, Stone Mountain, GA 30083

  • 2 beds |
  • 2 baths |
  • 1,264 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1974
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $67/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

This tenant-occupied, cash-flowing condo is priced well below market value, making it an ideal addition to any growing portfolio. Nestled in a quiet, well-maintained community, this 2-bedroom, 1.5-bath home offers immediate rental income with all major systems and components replaced within the last year, providing peace of mind and reduced maintenance concerns for years to come. The layout features a comfortable living area, functional kitchen, and generously sized bedrooms-all supported by updated mechanicals that boost efficiency and tenant satisfaction. With reliable long-term occupants already in place, this property delivers a turnkey investment experience in a high-demand rental corridor. Just minutes from Stone Mountain Park, local shopping, schools, and major commuter routes, this location continues to attract strong rental interest. Don't miss this rare chance to secure an investor-friendly property with updated systems, stable tenancy, and exceptional value. Opportunities like this in Stone Mountain go fast!

Listing Status:
Active
Date Added:
December 15, 2025 at 06:00AM
Listing Office:
Keller Williams Realty Atl. Partners : 678-775-2600
Listing Agent:
Fransau McDonald : 470-445-7626
MLS ID:
10657864
  • General: Other
  • Appliances: DishwasherRangeRefrigerator
  • Laundry: Other
  • Basement: None
  • Flooring: CarpetTile
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Fireplaces: 0
  • Style: A-Frame
  • Parking: CarportParking spaces: 0
  • Roofing: Other
  • General: OtherTwo
  • HOA Amenities: Maintenance StructureWaterMaintenance Grounds300.0
  • Originating MLS: Georgia MLS 2
  • County: DeKalb
  • Zoning: 18 137 05 024
  • Fencing: WoodFenced
  • Utilities: Cable AvailableElectricity AvailableSewer ConnectedPhone AvailableWater AvailableOtherElectricity on Property
  • Water: Public
  • Sewer: Public Sewer
  • Source: Georgia MLS 2

This listing courtesy of Fransau McDonald, Keller Williams Realty Atl. Partners

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Stone Mountain Elementary School

6720 James B Rivers Dr, Stone Mountain, GA, 30083

Grades PK-5

0.84 miles away

D

Dekalb Academy of Technology and The Environment Charter School

1492 Kelton Dr, Stone Mountain, GA, 30083

Grades KG-8

1.24 miles away

S

Stone Mountain High School

4555 Central Dr, Stone Mountain, GA, 30083

Grades 9-12

1.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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