1150 Rankin Street #7F, Stone Mountain, GA 30083
Local realty services provided by:ERA Sunrise Realty
1150 Rankin Street #7F,Stone Mountain, GA 30083
$135,000
- 3 Beds
- 3 Baths
- 1,380 sq. ft.
- Condominium
- Active
Listed by: angela carpinella
Office: keller williams realty peachtree rd.
MLS#:7839288
Source:FIRSTMLS
Price summary
- Price:$135,000
- Price per sq. ft.:$97.83
- Monthly HOA dues:$375
About this home
INVESTOR OPPORTUNITY WITH ESTABLISHED LONG-TERM TENANT IN PLACE! This updated 3-bedroom, 2.5-bath townhouse-style condo in Stone Mountain West offers investors the opportunity to step into an income-producing property with fewer of the typical upfront hassles of acquiring a rental.
An excellent long-term tenant is already in place with a lease through September 2027 and is responsible for all utilities. For a new owner, that means immediate rental income without the initial downtime, turnover expenses, make-ready costs and uncertainty of finding and placing a new tenant. Don't miss this excellent opportunity to grow or diversify your rental portfolio. The two-level floor plan features an updated kitchen and bathrooms, luxury vinyl plank flooring on the main level, generous living and dining spaces, and three bedrooms upstairs. The HOA recently replaced the roof, providing another important recent improvement. Association dues cover common-element maintenance including pest control, exterior painting, staining and cleaning, exterior window frames, and hallway-facing entry doors. Conveniently located near Downtown Stone Mountain shopping and dining, Stone Mountain Park, area schools, Highway 78 and I-285, with easy access throughout Metro Atlanta. Looking for the numbers? Contact the listing agent for current rental information, gross income, estimated NOI and additional investment details. TENANT OCCUPIED. SHOWINGS WILL BE AVAILABLE WITH ACCEPTED OFFER DURING DUE DILIGENCE. Please respect the tenant's privacy and DO NOT DISTURB....
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Home facts
- Year built:1971
- Subdivision & Development:Stone Mountain West
- Listing ID #:7839288
- Updated:November 12, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Carpet
- Dining Description:Open Concept
- Kitchen Description:Cabinets White, Dishwasher, Eat-in Kitchen, Electric Range, Refrigerator, Stone Counters
- Bedroom Description:Roommate Floor Plan, Split Bedroom Plan
- Living area:1,380 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1971
- Building area:1,380 sq. ft.
- Lot area:0.02 Acres
- Lot Features:Level
- Architectural Style:Townhouse
- Exterior Features:Patio
- Levels:2 Story
Schools
- High school:Stone Mountain
- Middle school:Stone Mountain
- Elementary school:Stone Mountain
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$135,000
- Price per sq. ft.:$97.83
- Tax amount:$3,782 (2025)
Features and amenities
- Laundry features:In Hall
Parking
- Total parking spaces:2
- Parking description:Parking Lot
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