4578 Sherrington Court

Stone Mountain, GA 30083

$274,000

Bedrooms: 5

Bathrooms: 4 full | 1 partial

1750 SQ FTSource: Public Records

This Stone Mountain rental is ideal for the savvy investor. With furnished rooms and 4.5 bathrooms (2 en-suites) this home produces robust rental income compared to anything available on the market, while providing solid workforce housing. It grosses $4600 per month on average with some months averaging consistently above $6000. 0.3 miles to public transit on a major arterial, Redan Rd. Potential for 13% cap rate and 25%+ Cash-on-Cash ROI. FInancials and Proforma available upon request. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. NOTE: SqFt of home is larger than the tax records state. Financing must be cash, hard money or one of our preferred lenders with PadSplit experience.

    MLS Data

  • StatusPending
  • MLS #7451858
  • TypeResidential
  • SpecialCorporate Owner, No disclosures from Seller, Sold As/Is

    Interior Details

  • Bedrooms5
  • Bathrooms4
  • Half Baths1
  • KitchenCabinets Stain
  • AppliancesElectric Cooktop, Electric Oven/Range/Countertop, Range Hood, Refrigerator
  • HVACCentral Air

    Exterior Details

  • StyleTraditional
  • ConstructionBrick
  • Built In1970
  • StoriesArray
  • ParkingDriveway
  • FeaturesRain Gutters
  • UtilitiesElectricity Available, Water Available
  • SewerPublic Sewer
  • Lot DescriptionFront Yard
  • Lot Dimensions26x26x179x85x140x78x102
  • Acres0.6

Listing Provided Courtesy Of: Keller Williams Realty Metro Atlanta 404-564-5560

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This property information delivered from various sources that may include, but not be limited to, county records and the multiple listing service. Although the information is believed to be reliable, it is not warranted and you should not rely upon it without independent verification. Property information is subject to errors, omissions, changes, including price, or withdrawal without notice.

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Data Last updated on September 20, 2024 10:30am

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