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Lithonia,GA 30058
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Marbut Commons Community
MLS Listing ID 7582449
Construction Status Resale
HOA Y/N No
Year Built 1989
Annual Tax Amount $2,096
Tax Year 2023
Lot Size 0.800 Acres
Acres 0.8
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
Prime Investment Opportunity – No HOA!
Looking to expand your real estate portfolio or find the perfect starter home? This charming 2-bedroom, 2-bath townhouse is an exceptional opportunity with strong rental potential.
Key Features:
- Investment Ready: Currently rented for $1,627/month with a fully funded Section 8 tenant in place for a year, generating $19,542 annually—a 12% gross yield
- Convenient Location: Minutes from the interstate for easy commuting throughout the metro area
- No HOA Fees: Enjoy the freedom to personalize your space without restrictions
- Outdoor Living: Private fenced backyard with a deck and storage shed—ideal for entertaining or extra storage
- Ample Parking: Two dedicated parking spaces ensure convenience for you and your guests
- Well-Maintained Interior: Spacious living area, two cozy bedrooms, and two full baths
? No showings until due diligence
? Passed inspections – documents attached
Location
State GA
County Dekalb
Lake Name None
Interior
Heating Central
Cooling Central Air
Flooring Wood
Window Features Aluminum Frames
Exterior
Parking Features Carport
Fence Back Yard
Community Features None
Utilities Available Cable Available,Electricity Available,Natural Gas Available
Waterfront Description None
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Back Yard
Story One
Sewer Public Sewer
Water Private
Level or Stories One
Structure Type Aluminum Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Redan
Middle Schools Lithonia
High Schools Lithonia
Others
Senior Community no
Tax ID 16 123 06 052
Special Listing Condition None