2083 MALLARD WAY, Lithonia, GA 30058 - MLS#7448797 - Marc Brown

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Marc Brown

[email protected] +1(404) 625-0776

$210,000

Est. payment - /mo

8,712 Sqft Lot

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UPDATED:

10/13/2024 10:44 AM

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Leisure Valley

MLS Listing ID 7448797

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1987

Annual Tax Amount $1,600

Tax Year 2023

Lot Size 8,712 Sqft

Acres 0.2

Property Description

Looking for cashflow? You found it! This turnkey coliving rental property generates $3,800 per month, and is a 12.0% cap rate when you factor expenses. A seasoned PadSplit, this home is in a great location close to expressways, shopping, and public transportation. This property is sold leased to a PadSplit LLC, and it can be terminated with 30 day notice by the landlord. An experienced Superhost is also available, making this property ideal for any investor, no matter their capacity. This house is set up with 6 rooms, as the dining room, living room, have been converted to bedrooms. PadSplit helps members save money and live closer to work, while providing 2x returns to investors compared to a typical rental. Google "PadSplit hosts" to learn more. Part of a Portfolio.

Location

State GA

County Dekalb

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features Insulated Windows

Exterior

Parking Features Garage

Fence None

Community Features Street Lights

Utilities Available None

Waterfront Description None

View Other

Roof Type Shingle

Accessibility Common Area

Handicap Access Common Area

Private Pool false

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Wood Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Panola Way

Middle Schools Miller Grove

High Schools Miller Grove

Others

Senior Community no

Tax ID 16 059 01 256

Special Listing Condition None

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Listed by Realty Hub of Georgia, LLC

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Marc Brown

+1(404) 625-0776

Agent | License ID: 382845

Agent License ID: 382845