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1150 Rankin Street #7F

Stone Mountain, GA 30083
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Bed 3

Bed

Bath 3

Bath

Acres0.02

Acre(Lot)

INVESTOR OPPORTUNITY WITH ESTABLISHED LONG-TERM TENANT IN PLACE! This updated 3-bedroom, 2.5-bath townhouse-style condo in Stone Mountain West offers investors the opportunity to step into an income-producing property with fewer of the typical upfront hassles of acquiring a rental. An excellent long-term tenant is already in place with a lease through September 2027 and is responsible for all utilities. For a new owner, that means immediate rental income without the initial downtime, turnover expenses, make-ready costs and uncertainty of finding and placing a new tenant. Don't miss this excellent opportunity to grow or diversify your rental portfolio. The two-level floor plan features an updated kitchen and bathrooms, luxury vinyl plank flooring on the main level, generous living and din ing spaces, and three bedrooms upstairs. The HOA recently replaced the roof, providing another important recent improvement. Association dues cover common-element maintenance including pest control, exterior painting, staining and cleaning, exterior window frames, and hallway-facing entry doors. Conveniently located near Downtown Stone Mountain shopping and dining, Stone Mountain Park, area schools, Highway 78 and I-285, with easy access throughout Metro Atlanta. Looking for the numbers? Contact the listing agent for current rental information, gross income, estimated NOI and additional investment details. TENANT OCCUPIED. SHOWINGS STRICTLY BY APPOINTMENT ONLY. Please respect the tenant's privacy and DO NOT DISTURB.

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Detail Ic Property Details

Property Type : Residential

Price : $145,000

AD Id : 91319024

MLS Id : 7839288

Beds : 3

Lot Size : 0.02 Acre

Tax Amount : $3,782

Year Built : 1971

County : Dekalb

Subdivision: Stone Mountain West

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1

    Room Information

    Basement: None
  • Flooring Information

    Carpet
  • Roofing Information

    Asbestos Shingle, Composition
  • Interior Features

    Eat-in Kitchen, Other Roof: Asbestos Shingle, Composition Appliances: Dishwasher, Electric Range, Refrigerator Laundry Features: In Hall
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 1971 Building Area Total: 1380 Construction Materials: Other Patio And Porch Features: Patio Pool Features: None Private Pool: No View: Neighborhood Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Other

  • Lot Information

    Lot Dimensions: x Lot Size Acres: 0.02 Lot Size Source: Public Records Lot Description: Level

    Property Information

    Subdivision: Stone Mountain West Source Property Type: Residential Postal Code Plus 4: 7105 Property SubType: Condominium Levels: Two Property Age: 55

  • Listing Price Information

    Listing Price: $145000 1031 Exchange, Cash, Conventional

  • Tax Information

    Parcel Number: 18 126 18 058 Tax Year: 2025 Annual Tax: $3782 Tax Legal Desc: STONE MOUNTAIN WEST CONDOMINIUM UNIT 7 BLDG F 4-22-04 DIMENSIONS NOT AVAILABLE

  • Parking Information

    Parking Total: 2 Parking Lot
    Homeowners Association Information
    Has Association: Yes Included Fees: Maintenance Grounds, Maintenance Structure HOA: $375.00 Community Features: Other

  • School Information

    Elementary School: Stone Mountain
    Junior High School: Stone Mountain
    Senior High School: Stone Mountain
  • Utility Information

    Other
  • Location Information

    Direction: GPS Friendly WaterSource: Public
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ByOwner last updated this listing 09/19/2026 @ 01:49

MLS: 7839288 LISTED BY: Angela Carpinella, Keller Williams Realty Peachtree Rd. 404-419-3500 SOURCE: First Multiple Listing Service (FMLS)

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