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!**
Address
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Address: 1995 Northerly Way, Stone Mountain, Georgia 30088
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City: Stone Mountain
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State/county: GA
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Zip/Postal Code: 30088
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Area: Scarbrough Square
Details
Updated on August 14, 2026 at 12:01 pm-
Property ID 7820828
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Price $249,000
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Property Size 1272 m²
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Land Area 0.19 m²
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Bedrooms 4
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Bathrooms 3
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Year Built 1981
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Property Type Single Family Residence, Residential
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Property Status Active, For Sale
Additional details
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Association Fee 30
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Roof Shingle
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Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
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Sewer Public Sewer
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Cooling Central Air
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Heating Central
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Flooring Luxury Vinyl
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County Dekalb - GA
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Property Type Residential
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Pool None
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Parking Driveway
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Elementary School Panola Way
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Middle School Miller Grove
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High School Redan
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Community Features Other
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Waterfront None
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Architectural Style Ranch
Mortgage Calculator
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Monthly HOA Fees
- Jason Tatum