1150 Rankin Street #F7, Stone Mountain, GA 30083
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
1150 Rankin Street #F7,Stone Mountain, GA 30083
$135,000
- 3 Beds
- 3 Baths
- 1,380 sq. ft.
- Condominium
- Active
Listed by: angela carpinella
Office: keller williams realty peachtreeroad
MLS#:10848611
Source:METROMLS
Price summary
- Price:$135,000
- Price per sq. ft.:$97.83
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 AN 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 #:10848611
- Updated:November 09, 2026 at 12:16 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Carpet, Laminate
- Kitchen Description:Breakfast Area, Dishwasher, Oven/Range (Combo), Refrigerator, Solid Surface Counters
- Bedroom Description:Roommate 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
- Exterior Features:Deck/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
- Appliances:Dishwasher, Electric Water Heater, Oven/Range (Combo), Refrigerator
- Laundry features:In Hall
- Amenities:Electric Water Heater
Parking
- Parking description:Off Street Parking
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