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Lithonia,GA 30058
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 988 sqft
Price per Sqft $167
Subdivision Marbut Commons Community
MLS Listing ID 7582273
Style Ranch
Bedrooms 2
Full Baths 2
Half Baths 2
Year Built 1989
Annual Tax Amount $2,096
Tax Year 2023
Lot Size 0.800 Acres
Property Sub-Type Single Family Residence
Property Description
Prime Investment Opportunity – No HOA!
Looking to expand your real estate portfolio or find the perfect starter home? This charming 2-bedroom, 2-bath townhouse is an exceptional opportunity with strong rental potential.
Key Features:
- Investment Ready: Currently rented for $1,627/month with a fully funded Section 8 tenant in place for a year, generating $19,542 annually—a 12% gross yield
- Convenient Location: Minutes from the interstate for easy commuting throughout the metro area
- No HOA Fees: Enjoy the freedom to personalize your space without restrictions
- Outdoor Living: Private fenced backyard with a deck and storage shed—ideal for entertaining or extra storage
- Ample Parking: Two dedicated parking spaces ensure convenience for you and your guests
- Well-Maintained Interior: Spacious living area, two cozy bedrooms, and two full baths
? No showings until due diligence
? Passed inspections – documents attached
Location
State GA
County Dekalb
Rooms
Other Rooms None
Dining Room Dining L
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type None
Laundry Common Area
Exterior
Exterior Feature Balcony
Parking Features Carport
Fence Back Yard
Pool None
Community Features None
Utilities Available Cable Available,Electricity Available,Natural Gas Available
Waterfront Description None
View Other
Roof Type Composition
Building
Lot Description Back Yard
Story One
Foundation Brick/Mortar
Sewer Public Sewer
Water Private
Structure Type Aluminum Siding
New Construction No
Schools
Elementary Schools Redan
Middle Schools Lithonia
High Schools Lithonia
Others
Special Listing Condition None