802 Kenilworth Circle Stone Mountain GA 30083, MLS# 7124447
Stone Mountain, GA 30083
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1953Year Built
- 1.00Acres
- MLS# 7124447
- Multifamily
- Other
- Active
- Approx Time on Market1 year, 7 months, 1 day
- AreaN/A
- CountyDekalb - GA
- SubdivisionN/A
Overview
A high-performance, turnkey investment property generating over $50,000 in annual rent! A seasoned PadSplit, this home is in a great location and was completely renovated in 2019. Close to expressways, shopping, and public transportation. This property is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity. The net income has been rising monthly since the owners adopted a new Superhost (management company) in March 2022. Please see attached documents for financials and additional information. The living room and dining room are currently repurposed as bedrooms. This amazing coliving opportunity helps people to save money, live closer to work, and enjoy a comfortable, affordable lifestyle.
Association Fees / Info
Hoa: No
Community Features: Near Marta, Near Schools, Near Shopping, Park, Public Transportation, Restaurant, Sidewalks
Bathroom Info
Building Info
Habitable Residence: Yes
Number of Units Total: 1
Exterior Features
Fence: Wood
Pool Private: No
County: Dekalb - GA
Acres: 1.00
Financial
Original Price: $359,900
Operating Expense: 27965
Net Operating Income: 22,592
Owner Financing: Yes
Gross Income: 50,557
Garage / Parking
Parking Features: None
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: None
Levels: One
Lot Info
Lot Size Source: Public Records
Lot Features: Corner Lot, Level
Lot Size: 197 x 267
Misc
Property Attached: No
Home Warranty: Yes
Open House
Other
Property Info
Construction Materials: Brick 4 Sides
Year Built: 1,953
Property Condition: Resale
Roof: Composition, Shingle
Property Type: Residential Income
Rental Info
Land Lease: Yes
Special Features
Green Features: None
Special Listing Conditions: None
Special Circumstances: Corporate Owner, Investor Owned, Sold As/Is
Tax Info
Tax Amount Annual: 4616
Tax Year: 2,022
Tax Parcel Letter: 18-072-04-016
Unit Info
Utilities / Hvac
Cool System: Central Air
Heating: Forced Air, Natural Gas
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Sewer: Septic Tank
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
From Avondale Estates, take Memorial Drive east to right on N Hairston Road to left on Kenilworth Circle to first home/driveway on right.Listing Provided courtesy of Keller Williams Realty Metro Atlanta