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344 Colchester Drive
Stone Mountain GA 30088 US

$290,000

Active Under Contract Listing ID 10313839
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6 bed
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4.00 Bath (4 Full Bath)
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Lot: 0.50 Acres
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Single Family Residence

$290,000

Active Under Contract Listing ID 10313839
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344 Colchester Drive Rare, 12% CAP Occupied rental grossing over $6, 200+ per month gross income per month (AFTER vacancies). 0.2mi to public transit, and around the corner from downtown Stone Mountain and Pine Lake. Mind boggling cash flow will give you a cash-on-cash return of 20%+! This turnkey rental is managed by a company focused on workforce housing that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened, required to pass a criminal background check and undergo income verification. Management Company handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing.

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Property Features

  • Facts
  • Lot Size: 0.50 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 4
  • Floor Covering: Laminate
  • Roof Type: Composition
  • Heating Fuels: Central Furnace, Forced Air

School Information

  • School
  • Rockbridge(Elementary)
  • Stone Mountain(MiddleSchool)
  • Stone Mountain(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 290000
  • unparsedaddress: 344 Colchester Drive
  • postalcity: Stone Mountain
  • stateorprovince: GA
  • country: US
  • postalcode: 30088
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.5
  • lotsizeunits: Acres
  • lotsizearea: 0.5
  • livingarea: 2692
  • livingareaunits: Square Feet
  • latitude: 33.788493
  • longitude: -84.179658
  • listagentfullname: Josh Stanton
  • listagentemail: josh@stanton.team
  • listagentkey: 3yd-GAMLS-STANTONJOSH
  • listagentmlsid: STANTONJOSH
  • listagentpreferredphone: 7705499465
  • listagentofficephone: 7705499465
  • listofficekey: 3yd-GAMLS-KWAD01
  • listofficemlsid: KWAD01
  • disclaimer: Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GAMLS
  • yearbuilt: 1961
  • listingcontractdate: 2024-06-06
  • countyorparish: DeKalb
  • parcelnumber: 18 038 04 018
  • elementaryschool: Rockbridge
  • highschool: Stone Mountain
  • appliances: Refrigerator
  • constructionmaterials: Brick
  • flooring: Laminate
  • heating: Central Furnace, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: New Traditional
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.179658, 33.788493
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Listing Changed: 6/20/2024 8:02:45 PM GMT
Source Updated Date: 6/26/2024 6:46:12 AM GMT

Courtesy of: Josh Stanton, Keller Williams Realty, josh@stanton.team

Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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