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1284 To Lani Path, Stone Mountain, GA, 30083

8beds
3baths
2,734sqft
$274,900
$101price/sqft
$2,069/moest. monthly cost
$82,760/yrincome needed

About This Home

Calling all real estate investors looking for their next investment! 1284 To Lani Path in Stone Mountain presents a phenomenal opportunity to acquire a property with a potential 11.8% cap rate. This 8-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong financial history. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. 1284 To Lani Path is an excellent location for occupants who live and work in Metro Atlanta. Just 2.5 miles to Indian Creek MARTA station and all of the metro Atlanta accessible via the blue line. Close to restaurants and retail at Redan crossing, this location is sure to be a hit with current and future occupants. Make this cash-flowing winner a part of your real estate portfolio today!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

6/10
Allgood Elementary SchoolGrades PK-51.6 mi
5/10
Freedom Middle SchoolGrades 6-81.9 mi
2/10
Clarkston High SchoolGrades 9-123.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1996

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Oven/Range (Combo),Refrigerator
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Finished,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 5

Features

  • High Ceilings,Entrance Foyer
  • Flooring: Carpet,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 2,734
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 2,734
  • Total interior livable area: 2,734 sqft

Kitchen

  • Features: Breakfast Area,Pantry

Property

Details

  • Parcel number: 15 223 01 338
  • Special condition: Investor Owned

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Fencing: Back Yard,Wood
  • Waterbody name: None
  • Residential vegetation: Grassed

Lot

  • Lot size: 7,405 sqft
  • Features: Private,Sloped

Parking

  • Parking features: Attached,Garage,Off Street
  • Has garage: Yes