1995 Northerly Way,Stone Mountain, GA 30088
Stone Mountain, GA 30088
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!**
Details
| MLS # | 10832538 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $360 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 36 |
| Listing Provided By | eXp Realty | Saad Aly |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,272 |
| Story(s) | 1 |
| Acreage | 0.19 |
| Water Front | Yes |
Interior
| Appliances | Dishwasher, Disposal, Gas Water Heater, Refrigerator |
|---|---|
| Interior Features | Master On Main Level, Other |
| Cooling | Central Air |
| Cooling Yes / No | Yes |
| Heating | Central |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
| Window Features | Double Pane Windows |
| Room Kitchen Features | Breakfast Area, Breakfast Bar, Breakfast Room, Kitchen Island |
| Laundry Features | Common Area |
Exterior
| Lot Features | Sloped |
|---|---|
| Construction Materials | Wood Siding |
| Roof | Wood |
| Foundation Details | Slab |
| Waterfront Features | No Dock Or Boathouse |
| Security Features | Carbon Monoxide Detector(s), Smoke Detector(s) |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Off Street |
Utilities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 4218 |
|---|---|
| Tax Year | 2025 |
Location
| Community Features | Sidewalks, Street Lights |
|---|
Area Information
| State | GA |
|---|---|
| County | DeKalb |
| City | Stone Mountain |
| Zip Code | 30088 |
| Area | DeKalb |
| Community Name | Scarbrough Square |
| School District | Redan |
| Elementary School | Panola Way |
| High School | Redan |
| Listing VS Median (in Scarbrough Square) | |
Price: $249,000 low | high Med: $232,000 sqft: 1,272 low | high Med: 1,430 $ / sqft: $196 low | high Med: $166 On site: 36 low | high Med: 60 | |
Market Activity 30088
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Learn More About This Property
| State | GA |
|---|---|
| County | DeKalb |
| City | Stone Mountain |
| Zip Code | 30088 |
| Area | DeKalb |
| Community Name | Scarbrough Square |
| School District | Redan |
| Elementary School | Panola Way |
| High School | Redan |
| Listing VS Median (in Scarbrough Square) | |
Price: $249,000 low | high Med: $232,000 sqft: 1,272 low | high Med: 1,430 $ / sqft: $196 low | high Med: $166 On site: 36 low | high Med: 60 | |