1150 Rankin ST #7F Stone Mountain, GA 30083
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,380 sqft
Price per Sqft $105
Subdivision Stone Mountain West
MLS Listing ID 7839288
Style Townhouse
Bedrooms 3
Full Baths 2
Half Baths 1
Construction Status Resale
HOA Fees $375/mo
HOA Y/N Yes
Year Built 1971
Annual Tax Amount $3,782
Tax Year 2025
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type Condominium
Source First Multiple Listing Service
Property Description
An excellent long-term tenant is already in place with a lease through September 2027 and is responsible for all utilities. For a new owner, that means immediate rental income without the initial downtime, turnover expenses, make-ready costs and uncertainty of finding and placing a new tenant. Don't miss this excellent opportunity to grow or diversify your rental portfolio. The two-level floor plan features an updated kitchen and bathrooms, luxury vinyl plank flooring on the main level, generous living and dining spaces, and three bedrooms upstairs. The HOA recently replaced the roof, providing another important recent improvement. Association dues cover common-element maintenance including pest control, exterior painting, staining and cleaning, exterior window frames, and hallway-facing entry doors. Conveniently located near Downtown Stone Mountain shopping and dining, Stone Mountain Park, area schools, Highway 78 and I-285, with easy access throughout Metro Atlanta. Looking for the numbers? Contact the listing agent for current rental information, gross income, estimated NOI and additional investment details. TENANT OCCUPIED. SHOWINGS STRICTLY BY APPOINTMENT ONLY. Please respect the tenant's privacy and DO NOT DISTURB.
Location
State GA
County Dekalb
Area Stone Mountain West
Lake Name None
Rooms
Bedroom Description Roommate Floor Plan,Split Bedroom Plan
Other Rooms None
Basement None
Dining Room Open Concept
Kitchen Cabinets White, Eat-in Kitchen, Stone Counters
Interior
Interior Features Other
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Luxury Vinyl
Fireplaces Type None
Equipment None
Window Features None
Appliance Dishwasher, Electric Range, Refrigerator
Laundry In Hall
Exterior
Exterior Feature Other
Parking Features Parking Lot
Fence None
Pool None
Community Features Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Other
Utilities Available Other
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Asbestos Shingle,Composition
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch Patio
Total Parking Spaces 2
Private Pool false
Building
Lot Description Level
Story Two
Foundation None
Sewer Public Sewer
Water Public
Architectural Style Townhouse
Level or Stories Two
Structure Type Other
Construction Status Resale
Schools
Elementary Schools Stone Mountain
Middle Schools Stone Mountain
High Schools Stone Mountain
Others
HOA Fee Include Maintenance Grounds,Maintenance Structure
Senior Community no
Restrictions false
Tax ID 18 126 18 058
Ownership Condominium
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing no
NEARBY SCHOOL & BUSINESS
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