Description
Unlock significant investment potential with this charming ranch-style home located at 5374 Cherry Wood Drive in Stone Mountain. Priced at an attractive $104, 999 Cash or conventional only, this property offers an exceptional opportunity for real estate investors seeking a strong return. Boasting a desirable double master bedroom layout this residence is designed for comfortable living and easy maintenance, appealing to a wide range of prospective tenants or future homeowners.The classic brick front exterior provides excellent curb appeal, while the quiet neighborhood ensures a peaceful environment. Built in 1986, this single-level home eliminates the concerns of stairs, enhancing accessibility and broad appeal. A major advantage for investors is NO Homeowners Association (HOA), which translates to lower holding costs and greater flexibility in property management. With an estimated After Repair Value (ARV) of $200, 000, this property presents a clear path to substantial equity growth.This affordable investment is strategically located in Stone Mountain, a community offering convenience and a steady rental market. The practical layout, combined with the low-maintenance features and NO HOA fees, makes this an ideal asset for your portfolio. Seize the opportunity to transform this solid foundation into a lucrative investment. This property is ready for its next chapter, promising both immediate value and long-term appreciation for the savvy investor.
Address
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Address: 5374 Cherry Wood Drive, Stone Mountain, Georgia 30083
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City: Stone Mountain
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State/county: GA
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Zip/Postal Code: 30083
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Area: Ridge Forest Ph 02b
Details
Updated on August 21, 2026 at 6:48 pm-
Property ID 7765713
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Price $104,999
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Property Size 1097 m²
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Land Area 0.08 m²
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Bedrooms 2
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Bathrooms 2
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Year Built 1986
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Property Type Townhouse, Residential
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Property Status Active, For Sale
Additional details
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Roof Composition
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Utilities Other
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Sewer Public Sewer
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Cooling None
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Heating Central
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Flooring Other
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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 Stone Mountain
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Middle School Stone Mountain
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High School Stone Mountain
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Community Features None
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Waterfront None
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Architectural Style Ranch
Mortgage Calculator
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Down Payment
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Monthly HOA Fees
- Jason Tatum