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5374 Cherry Wood Dr, Stone Mountain, GA, 30083

2beds
2baths
1,097sqft
$104,999
$96price/sqft
$906/moest. monthly cost
$36,240/yrincome needed

About This Home

Unlock significant investment potential with this charming ranch-style home located at 5374 Cherry Wood Drive in Stone Mountain. Priced at an attractive $104,999 Cash or conventional only , this property offers an exceptional opportunity for real estate investors seeking a strong return. Boasting a desirable double master bedroom layout this residence is designed for comfortable living and easy maintenance, appealing to a wide range of prospective tenants or future homeowners.The classic brick front exterior provides excellent curb appeal, while the quiet neighborhood ensures a peaceful environment. Built in 1986, this single-level home eliminates the concerns of stairs, enhancing accessibility and broad appeal. A major advantage for investors is NO Homeowners Association (HOA), which translates to lower holding costs and greater flexibility in property management. With an estimated After Repair Value (ARV) of $200,000, this property presents a clear path to substantial equity growth.This affordable investment is strategically located in Stone Mountain, a community offering convenience and a steady rental market. The practical layout, combined with the low-maintenance features and NO HOA fees, makes this an ideal asset for your portfolio. Seize the opportunity to transform this solid foundation into a lucrative investment. This property is ready for its next chapter, promising both immediate value and long-term appreciation for the savvy investor.

Getting Around

23
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

4/10
2/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1986

Materials

  • Foundation: None
  • Roof: Composition
  • Construction materials: Brick,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Other
  • Laundry features: Other

Basement

  • Basement: None

Bedroom

  • Features: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Features: Other

Features

  • Other
  • Window features: None
  • Flooring: Other
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: None

Interior Area

  • Total structure area: 1,097
  • Total interior livable area: 1,097 sqft

Kitchen

  • Features: None

Master Bathroom

  • Features: Other

Master Bedroom

  • Features: None
  • Level: None

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 18 037 18 042
  • Other equipment: None
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: None
  • Exterior features: None,No Dock
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: Other
  • Waterfront features: None
  • Waterbody name: None

Lot

  • Lot size: 3,484 sqft
  • Features: Back Yard
  • Lot size dimensions: 110 x 30

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes