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1413 Stone Mill Trace; Stone Mountain, GA 30083

$110,000

Investor Opportunity! Vacant & Ready for Immediate Income Production! This 2-bedroom, 1.5-bath condominium presents an excellent opportunity for investors seeking a value-add asset with strong rental potential. The functional floor plan offers spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area ideal for tenant enjoyment. Currently vacant, this unit is projected to achieve approximately $1,675 per month in market rent and offers flexibility for traditional leasing or placement of a housing voucher tenant. HOA dues include exterior maintenance, landscaping, and water/sewer, helping reduce ownership responsibilities and simplify management. 1413 Stone Mill Trace is also part of a rare 3-unit investment package that includes 1411 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 with both immediate cash flow and upside potential. Rent roll, lease information, and financials are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Whether purchased individually or as part of the portfolio package, this property offers an attractive opportunity for investors looking to build wealth through real estate.
Key Facts
  • Style:
  • Year Built: 1974
  • Status: Active
Schools
  • Elementary School: Stone Mountain
  • Middle School: Stone Mountain
  • High School: Stone Mountain
Bedrooms
  • Beds Total: 2
Bathrooms
  • Baths Full: 1
  • Baths Half: 1
  • Master Bath Features: None

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Private & Public Schools Nearby

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    Stone Mountain Elementary School

    6720 MEMORIAL DRIVE; Stone Mountain, GA 30083
    Public PK-5th  |  581 students
    Metro Atlanta School Rank: 1108th
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    Stone Mountain Middle School

    STONE MOUNTAIN; Stone Mountain, GA 30083
    Public 6th-8th  |  860 students
    Metro Atlanta School Rank: 480th
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    Stone Mountain High School

    4555 CENTRAL DRIVE; Stone Mountain, GA 30083
    Public 9th-12th  |  1,038 students
    Metro Atlanta School Rank: 371st

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Listing information last updated on July 4, 2026