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1411 Stone Mill Trace

Stone Mountain, GA 30083
  • $110,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: 10781249
UPDATED: 233 min ago
$110,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Information

Elementary School:
Middle School:
High School:

Description

Investor Opportunity! Tenant-Occupied & Cash-Flowing Condo in Stone Mountain! This well-maintained 2-bedroom, 1.5-bath condominium is a turnkey investment property with an established Housing Choice Voucher tenant already in place. The current lease extends through February 2027, providing immediate and stable cash flow. The functional floor plan features spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area. HOA dues include exterior maintenance, landscaping, and water/sewer, helping to simplify ownership and management. This property is Housing Voucher approved, and the voucher is transferable, making it an attractive option for investors seeking reliable income and long-term occupancy. 1411 Stone Mill Trace is also available as part of a rare 3-unit investment package that includes 1413 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 in one transaction. Rent roll and lease information are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Showings by appointment only. Do not disturb tenant.

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Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Rettro Group | Century 21 Novus are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Rettro Group | Century 21 Novus. Data last updated: 2026-08-10T00:09:41.89.
www.c21novusrettrogroup.com/homes/177445596
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1411 Stone Mill Trace Stone Mountain, GA 30083

  • Price: $110,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 233 min ago
  • MLS #: 10781249
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1974
Built
Neighborhood:
Stone Mill Village
County:
Dekalb
Area:
Stone Mountain
Elementary School:
Stone Mountain
Middle School:
Stone Mountain
High School:
Stone Mountain
Property Description
Investor Opportunity! Tenant-Occupied & Cash-Flowing Condo in Stone Mountain! This well-maintained 2-bedroom, 1.5-bath condominium is a turnkey investment property with an established Housing Choice Voucher tenant already in place. The current lease extends through February 2027, providing immediate and stable cash flow. The functional floor plan features spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area. HOA dues include exterior maintenance, landscaping, and water/sewer, helping to simplify ownership and management. This property is Housing Voucher approved, and the voucher is transferable, making it an attractive option for investors seeking reliable income and long-term occupancy. 1411 Stone Mill Trace is also available as part of a rare 3-unit investment package that includes 1413 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 in one transaction. Rent roll and lease information are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Showings by appointment only. Do not disturb tenant.
Exterior Features

Attached Garage YN No Carport YN Yes Construction Materials Other Foundation Details Slab Levels Two Lot Size Area 958.32 Lot Size Source Public Records Lot Size Units Square Feet Parking Features CarportAssignedDetached Parking Total 1

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Ceiling Fan(s)Central AirWindow Unit(s) Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Electric Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 5046 Association Fee Includes InsuranceMaintenance StructureMaintenance GroundsTrashWater Association YN Yes Community Features None Es Bus Yn Yes Gross Income 0 Hs Bus Yn Yes Land Lot 968 Listing Terms 1031 ExchangeCash Ms Bus Yn Yes New Construction YN No Property Condition Updated/Remodeled Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions As IsInvestor Owned Structure Type Other Tax Annual Amount 2351 Tax Year 2021 Utilities Other Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Foundation Partners Realty LLC: 470-228-3431. © 2026 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Rettro Group | Century 21 Novus are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Rettro Group | Century 21 Novus. Data last updated: 2026-08-10T00:09:41.89.
 
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Rettro Group | Century 21 Novus
537 Newnan Road
Carrollton GA, 30117