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948 Lake Drive Ct, Stone Mountain, GA, 30088

5beds
4baths
0sqft
$260,000
--price/sqft
$1,951/moest. monthly cost
$78,040/yrincome needed

About This Home

Investor special in Stone Mountain! This property presents a great opportunity for savvy investors or buyers looking to add value. Being sold as a short sale, this home will need some TLC for maximum potential. Strong upside for renovation, rental income, or resale. The property features a spacious layout with solid bones, making it an ideal candidate for a light rehab. With the right updates, this home could generate excellent returns in a growing and desirable area. Conveniently located near major highways, shopping, and local amenities, the location adds to its long-term investment appeal. Sold as-is. Short sale subject to lender approval. Don't miss this opportunity to secure a value-add property with great potential!

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

4/10
Redan Middle SchoolGrades 6-82.7 mi
3/10
Redan High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1981

Materials

  • Roof: Other
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Craftsman
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator
  • Laundry features: Laundry Closet

Basement

  • Has basement: Yes
  • Basement: Bath Finished,Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Other
  • Flooring: Laminate
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 0
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric,Hot Water
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0

Kitchen

  • Features: Kitchen Island

Property

Details

  • Parcel number: 16 002 02 132
  • Special condition: As Is,Short Sale

Features

  • Levels: Three Or More
  • Stories: 3
  • Exterior features: Balcony
  • Waterfront features: No Dock Or Boathouse
  • Waterbody name: None

Lot

  • Lot size: 6,969 sqft
  • Features: Other

Parking

  • Parking features: Parking Pad
  • Has uncovered spaces: Yes