$142,500
$150,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,264 SqFt
SOLD DATE : 10/03/2025
Key Details
Sold Price $142,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,264 sqft
Price per Sqft $112
Subdivision Marbut Farms
MLS Listing ID 7551479
Sold Date 10/03/25
Style Ranch
Bedrooms 3
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1985
Annual Tax Amount $4,003
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Single Family Residence
Source First Multiple Listing Service
Property Description
Immediate Cash Flow Opportunity - Tenant Occupied for Investment-minded buyers. Here's your performing asset: $1,575 monthly income already in place. No vacancy period. No renovation delays. No tenant screening. Just verified cash flow from day one. Current qualified tenant with established payment history makes this a true turnkey investment. The 3-bedroom, 2-bath configuration consistently maintains tenant demand in Lithonia's strategic rental market—accessible to employment centers while maintaining favorable cash-on-cash returns. Unlike vacant "potential rentals" requiring post-acquisition capital, your investment dollars work immediately. The existing lease provides operational predictability and documented performance history that sophisticated portfolio builders prioritize. AS-IS SALE - Property condition reflected in competitive pricing. Calculate your returns using actual numbers, not projections. CASH ONLY - Quick close available for qualified buyers. Properties with verified income and established tenants move fast in today's yield-seeking market. Serious investment buyers only. Call your agent or text the listing agent with proof of funds to receive the complete investment package including current lease documentation and payment history.
Location
State GA
County Dekalb
Area Marbut Farms
Lake Name None
Rooms
Bedroom Description Master on Main
Other Rooms None
Basement None
Main Level Bedrooms 3
Dining Room Open Concept
Kitchen Cabinets White, Laminate Counters
Interior
Interior Features High Ceilings 9 ft Main, High Speed Internet
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Vinyl, Carpet
Fireplaces Number 1
Fireplaces Type Family Room
Equipment None
Window Features None
Appliance Dishwasher, Electric Range, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Other
Parking Features Garage
Garage Spaces 1.0
Fence Back Yard, Wood
Pool None
Community Features Near Shopping, Near Schools, Near Public Transport
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Composition
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch Patio
Total Parking Spaces 1
Private Pool false
Building
Lot Description Front Yard, Back Yard
Story One
Foundation None
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Structure Type Wood Siding
Construction Status Resale
Schools
Elementary Schools Panola Way
Middle Schools Lithonia
High Schools Lithonia
Others
Senior Community no
Restrictions false
Tax ID 16 103 05 024
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