$290,000
INVESTOR OPPORTUNITY INCOME-PRODUCING PROPERTY 4 BEDROOMS 3 FULL BATHS FINISHED BASEMENT STONE MOUNTAIN, GA! Discover the income potential of 524 Rowland Road in Stone Mountain's established Skyview community! Offered at $290,000, this spacious four-sided brick ranch features approximately 2,716 square feet, 4 bedrooms, 3 full bathrooms, multiple living areas, and a finished daylight basement on approximately 0.47 acres. TENANT-OCCUPIED INVESTMENT OPPORTUNITY! The property is being marketed with rental income of $2,500 per month, representing $30,000 in potential annual gross rental income. Lease information and rent roll available upon request. Existing tenancy and lease terms to be verified during due diligence.The flexible floor plan offers 3 bedrooms and 2 full bathrooms on the main level, plus additional lower-level rooms, a full bathroom, and versatile bonus space. Hardwood flooring, a spacious family room, separate living and dining areas, laundry connections, and a wooded lot add to the property's appeal. MULTIPLE INVESTMENT POSSIBILITIES! In addition to traditional long-term leasing, investors may explore shared housing, room-by-room rental models such as PadSplit, multigenerational housing, or potential personal care home use, subject to independent verification of zoning, licensing, occupancy, fire safety, building codes, and any required approvals. The home's accessible-entry features may offer additional flexibility, subject to verification. CONVENIENT DEKALB COUNTY LOCATION! Near Memorial Drive, US-78, I-285, Stone Mountain Park, Decatur, MARTA connections, shopping, dining, and major employment destinations including Emory University, Emory Healthcare, and the CDC. An attractive opportunity for buy-and-hold investors seeking existing rental income, flexible living space, and long-term investment potential in Metro Atlanta. Proof of funds required with offers. Buyer to verify rental income, lease terms, expenses, property condition, permitted uses, and all information during due diligence. Showings by appointment only; please do not disturb tenants. RENTAL INCOME: Tenant-occupied property producing $2,500 per month, with an executed lease and rent roll available for qualified buyer review. Existing lease to remain in effect following closing, subject to its terms and applicable law. LOWER OWNER OPERATING RESPONSIBILITIES: Tenants are responsible for utilities and lawn care as outlined in the executed lease. ACCESSIBILITY FEATURES: Property offers ramp access and other accessibility-related features, subject to buyer verification. FLEXIBLE LOWER LEVEL: Finished basement includes additional rooms, a full bathroom, and separate exterior access, offering flexible space for potential future rental configurations subject to required approvals.
10883733
MLS
524 Rowland Road, Stone Mountain
Listing courtesy of AMS PRIME REALTY.
