1995 Northerly WAY, Stone Mountain, GA 30088
1995 Northerly WAY, Stone Mountain, GA 30088
1995 Northerly WAY, Stone Mountain, GA 30088
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$249,000
Est. payment /mo
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4 Beds
3 Baths
8,276 Sqft Lot
New

1995 Northerly WAY Stone Mountain, GA 30088

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Rae Johnson

Rae Johnson

+1(404) 640-2929

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Subdivision Scarbrough Square

MLS Listing ID 10832538

Style Ranch

Bedrooms 4

Full Baths 3

HOA Fees $360

HOA Y/N Yes

Year Built 1981

Annual Tax Amount $4,218

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 8276.4

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

**REMOLDED & INCOME-PRODUCING INVESTMENT OPPORTUNITY!** Welcome to this beautifully remodeled 4-bedroom, 3-bathroom single-family home in a quiet and desirable Stone Mountain-area neighborhood. Featuring updated finishes throughout, this property offers the perfect combination of modern living and strong investment potential. The home has been thoughtfully renovated with updated flooring, kitchen countertops, bathroom amenities, recessed lighting, and fresh interior and exterior paint. The spacious layout provides plenty of room for comfortable living, while the private backyard offers additional space for entertaining, recreation, or relaxation. For investors, this property is currently tenant occupied through the end of the year and is generating approximately a **7% ROI**, providing immediate rental income with an existing tenant in place. This presents an excellent opportunity for an investor seeking a turnkey rental property with established income. For owner-occupants, the home offers a move-in-ready property in a peaceful residential setting with convenient access to Stone Mountain, shopping, dining, parks, schools, and major roadways. **Property Highlights:** * 4 Bedrooms * 3 Bathrooms * Recently remodeled * Updated kitchen and bathrooms * New flooring * Recessed lighting * Fresh interior & exterior paint * Spacious backyard * Quiet residential neighborhood * Tenant occupied through year-end * Approximately 7% current ROI **IMPORTANT SHOWING INFORMATION:** Please **DO NOT DISTURB THE TENANT**. The property is currently occupied, and all showings must be coordinated and approved in advance. The property may be viewed during the **due diligence period**, subject to proper notice and scheduling with the tenant. Please respect the tenant's privacy and do not approach the property without an approved appointment. Whether you're looking for your next investment property or a beautifully updated home with future flexibility, this property is worth a closer look. **Schedule your showing today!**

Location

State GA

County Dekalb

Rooms

Bedroom Description No

Basement None

Interior

Interior Features Master On Main Level, Other

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Dishwasher, Disposal, Gas Water Heater, Refrigerator

Laundry Common Area

Exterior

Parking Features Off Street

Community Features Sidewalks, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description No Dock Or Boathouse

View Y/N No

Roof Type Wood

Garage No

Private Pool No

Building

Lot Description Sloped

Faces GPS

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Panola Way

Middle Schools Miller Grove

High Schools Redan

Others

HOA Fee Include Other

Tax ID 1603806264

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Resale

Georgia MLS - GAMLS
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Rae Johnson

Rae Johnson

Owner & REALTOR® License ID: 403002

+1(404) 640-2929

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1995 Northerly WAY