2920 Parc Lorraine, Lithonia, GA 30038

Lithonia
Local realty services provided by:ERA Kings Bay Realty
2920 Parc Lorraine,Lithonia, GA 30038
$125,000
  • 3 Beds
  • 2 Baths
  • 1,628 sq. ft.
  • Condominium
  • Active
Listed by: marcia wright
Office: exp realty
MLS#:10825554
Source:METROMLS

Price summary

  • Price:$125,000
  • Price per sq. ft.:$76.78
  • Monthly HOA dues:$325

About this home

Investment opportunity alert - and this one checks every box! Welcome to 2920 Parc Lorraine in Lithonia Georgia - a fully renovated condominium that is already generating income from day one. This beautifully updated 3 bedroom 2 bathroom unit in the established Parc Lorraine community is a turnkey investment with a tenant already in place paying $1,750 per month - 100% covered by HUD. That is guaranteed government-backed rental income with zero vacancy headache for the new owner. The renovation has been completed - this is not a fixer. This is a move-in ready income-producing asset priced at just $120,000. At this price point the numbers speak for themselves. With $1,750 in monthly gross rent your cap rate is approximately 10.3% - the kind of return that institutional investors spend years chasing. Whether you are a seasoned investor looking to add a cash flowing asset to your portfolio or a first-time investor ready to get your foot in the door - this is the deal you have...

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Home facts

  • Year built:1974
  • Subdivision & Development:Parc Lorraine
  • Listing ID #:10825554
  • Updated:October 06, 2026 at 11:19 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Refrigerator
  • Living area:1,628 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1974
  • Building area:1,628 sq. ft.
  • Lot area:0.5 Acres
  • Architectural Style:Brick 4 Side
  • Construction Materials:Brick
  • Exterior Features:Deck/Patio
  • Levels:1 Story

Schools

  • High school:Lithonia
  • Middle school:Lithonia
  • Elementary school:Flat Rock

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$125,000
  • Price per sq. ft.:$76.78
  • Tax amount:$2,170 (2025)

Features and amenities

  • Appliances:Dishwasher, Refrigerator

Parking

  • Total parking spaces:2
  • Parking description:Off Street Parking
MLS Logo2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed October 6, 2026

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