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1411 Stone Mill Trace

Stone Mountain, GA 30083
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Bed --

Bed

Bath 0

Bath

Acres0.02

Acre(Lot)

Investor Opportunity! Tenant-Occupied & Cash-Flowing Condo in Stone Mountain! This well-maintained 2-bedroom, 1.5-bath condominium is a turnkey investment property with an established Housing Choice Voucher tenant already in place. The current lease extends through February 2027, providing immediate and stable cash flow. The functional floor plan features spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area. HOA dues include exterior maintenance, landscaping, and water/sewer, helping to simplify ownership and management. This property is Housing Voucher approved, and the voucher is transferable, making it an attractive option for investors seeking reliable income and long-term occupancy. 1411 Stone Mill Trace is also available as part of a rare 3-unit investment package that includes 1413 and 1421 Stone Mill Trace. Together, the portfolio generates approximately $5,000 in monthly rental income and nearly $60,000 annually in gross revenue, offering investors an opportunity to acquire a stabilized, income-producing portfolio in one transaction. Rent roll and lease information are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Showings by appointment only. Do not disturb tenant.

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Detail Ic Property Details

Property Type : Residential Income

Price : $110,000

AD Id : 81568844

MLS Id : 7784606

Lot Size : 0.02 Acre

Year Built : 1974

County : Dekalb

Subdivision: Stone Mill Village

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Feature Features

  • Flooring Information

    Carpet, Laminate, Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

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

  • Building Information

    Year Built: 1974 Construction Materials: Other Private Pool: No View: Other

  • Lot Information

    Lot Size Acres: 0.022 Lot Size Source: Other Lot Description: Other

    Property Information

    Subdivision: Stone Mill Village Source Property Type: Residential Income Levels: Two Property Age: 52

  • Listing Price Information

    Listing Price: $110000

  • Tax Information

    Tax Lot: 32 Tax Block: N/A Tax Year: 2023 Annual Tax: $2351 Tax Legal Desc: LT 32 BLK 5 STONE MILL VILLAGE CONDOMINIUM PH II

  • Parking Information

    Parking Total: 1 Carport, Detached

  • School Information

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

    Other
  • Location Information

    Direction: From I-285, take Exit 41 for Memorial Drive East toward Stone Mountain. Continue on Memorial Drive for approximately 4 miles, then turn right onto North Hairston Road. Turn left onto Stone Mill Trace and continue into the community. Follow Stone Mill Trace to 1411 Stone Mill Trace. Unit will be on t WaterSource: Public Security Features: Carbon Monoxide Detector(s)
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ByOwner last updated this listing 06/10/2026 @ 00:38

MLS: 7784606 LISTED BY: Fransau McDonald, Foundation Partners Realty, LLC 404-328-6034 SOURCE: First Multiple Listing Service (FMLS)

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