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$110,000

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958 Sqft Lot

New

1411 Stone Mill TRCE Stone Mountain, GA 30083

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Quillie Williams

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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Stone Mill Village

MLS Listing ID 7784606

Construction Status Resale

HOA Y/N No

Year Built 1974

Annual Tax Amount $2,351

Tax Year 2023

Lot Size 958 Sqft

Acres 0.022

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Investor Opportunity! Tenant-Occupied & Cash-Flowing Condo in Stone Mountain! This well-maintained 2-bedroom, 1.5-bath condominium is a turnkey investment property with an established Housing Choice Voucher tenant already in place. The current lease extends through February 2027, providing immediate and stable cash flow. The functional floor plan features spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area. HOA dues include exterior maintenance, landscaping, and water/sewer, helping to simplify ownership and management. This property is Housing Voucher approved, and the voucher is transferable, making it an attractive option for investors seeking reliable income and long-term occupancy. 1411 Stone Mill Trace is also available as part of a rare 3-unit investment package that includes 1413 and 1421 Stone Mill Trace. Together, the portfolio generates approximately $5,000 in monthly rental income and nearly $60,000 annually in gross revenue, offering investors an opportunity to acquire a stabilized, income-producing portfolio in one transaction. Rent roll and lease information are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Showings by appointment only. Do not disturb tenant.

Location

State GA

County Dekalb

Area Stone Mill Village

Lake Name None

Interior

Heating Electric

Cooling Ceiling Fan(s), Central Air, Window Unit(s)

Flooring Carpet, Laminate, Vinyl

Window Features None

Exterior

Parking Features Carport, Detached

Fence Fenced, Wood

Community Features Homeowners Assoc

Utilities Available Other

Waterfront Description None

View Y/N Yes

View Other

Roof Type Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 1

Private Pool false

Building

Lot Description Other

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Other

Construction Status Resale

Schools

Elementary Schools Stone Mountain

Middle Schools Stone Mountain

High Schools Stone Mountain

Others

Senior Community no

Listed by Foundation Partners Realty, LLC

Estimated Payment for This Home

The Quillie Real Estate TEAM calculator below automatically estimates the monthly payment, minimum down payment, taxes, insurance, and estimated cash-to-close based on this listing.

Mortgage Payment Calculator designed by Quillie Real Estate TEAM

Total Payment /mo

FHA • 3.5% Down $0 down Estimated Cash-to-Close $0

Purchase Price

Home price (auto-fills from listing)

Loan Program

Defaults to FHA

Term

Loan length

Credit Tier (for PMI) • FHA not affected by score

Conventional only

Down Payment

% or $

FHA min 3.5% enforced when FHA selected.

Interest Rate

Auto-rate: using defaults (rates loading...)

HOA /mo

Auto-fills only for Condo/Townhome (you can override)

Home Insurance /yr

Escrowed

Property Taxes

MLS Estimate will pull listing Annual Tax Amount when available. Fallback = 1.00%.

MLS Tax % (fallback)

Used when MLS mode

County Tax % (of price)

Used when County mode

Manual Annual Taxes ($)

Used when Manual mode

Lender Fees ($)

Auto (2% of loan)

Added to cash-to-close

Seller Concession

Reduces cash-to-close. Program max rules apply.

Prepaid Insurance (months)

Escrow setup

Prepaid Taxes (months)

Escrow setup

Total Payment /mo

Estimated Cash-to-Close

Includes down payment, lender fees, and prepaids. Less seller concession.

$0 + $0 − $0 = $0

See detailed calculator above for full breakdown.

Estimated cash-to-close is for informational purposes only. Actual amounts may vary based on lender terms, credit score, taxes, insurance, HOA, and closing date. Seller concessions are negotiable and not guaranteed. Confirm final figures with your lender and title company (Quillie Real Estate TEAM).

Details

Compare FHA vs Conventional

FHA

Payment /mo$0

Cash-to-close$0

Conventional

Payment /mo$0

Cash-to-close$0

$0 /mo difference • $0 cash difference

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Quillie Williams

Broker Associate | License ID: 204690

+1(678) 573-6100

1411 Stone Mill TRCE Stone Mountain, GA 30083

Quillie Williams

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1411 Stone Mill TRCE

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