Stone Mountain, GA 30083,4578 Sherrington CT
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Stone Mountain, GA 30083,4578 Sherrington CT
Stone Mountain, GA 30083,4578 Sherrington CT
Stone Mountain, GA 30083,4578 Sherrington CT
Stone Mountain, GA 30083,4578 Sherrington CT
Listed by Josh Stanton • Keller Williams Realty
Bought with Joshua Bowser • Cornerstone R/Estate Partners

$280,000

Est. payment /mo

$274,000

2.2%
Est.Price: ?

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4578 Sherrington CT Stone Mountain, GA 30083

5 Beds

4.5 Baths

1,750 SqFt

SOLD DATE : 10/31/2024

Key Details

Sold Price $280,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,750 sqft

Price per Sqft $160

Subdivision Sherrington

MLS Listing ID 10373122

Sold Date 10/31/24

Style Traditional

Bedrooms 5

Full Baths 4

Half Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1970

Annual Tax Amount $5,043

Tax Year 2023

Lot Size 0.600 Acres

Property Description

This Stone Mountain rental is ideal for the savvy investor. With furnished rooms and 4.5 bathrooms (2 en-suites) this home produces robust rental income compared to anything available on the market, while providing solid workforce housing. It grosses $4600 per month on average with some months averaging consistently above $6000. 0.3 miles to public transit on a major arterial, Redan Rd. Potential for 13% cap rate and 25%+ Cash-on-Cash ROI. FInancials and Proforma available upon request. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. NOTE: SqFt of home is larger than the tax records state. Financing must be cash, hard money or one of our preferred lenders with PadSplit experience.

Location

State GA

County Dekalb

Rooms

Basement None

Main Level Bedrooms 5

Interior

Interior Features Other

Heating Central

Cooling Central Air

Flooring Hardwood, Laminate

Exterior

Parking Features Off Street

Community Features None

Utilities Available Electricity Available, Water Available

Roof Type Other

Building

Story One

Sewer Public Sewer

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Allgood

Middle Schools Freedom

High Schools Clarkston

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition As Is, No Disclosure

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Georgia MLS (GAMLS)

Jordan Gallup

Advisor | License ID: 3334633

+1(904) 760-9393

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