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1995 Northerly Way

Stone Mountain, GA 30088
  • $249,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: 7820828
$249,000
  • 4
    BEDS
  • 0.19
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,272
    SQFT
  • $196
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1981
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

**REMOLDED & INCOME-PRODUCING INVESTMENT OPPORTUNITY!** Welcome to this beautifully remodeled 4-bedroom, 3-bathroom single-family home in a quiet and desirable Stone Mountain-area neighborhood. Featuring updated finishes throughout, this property offers the perfect combination of modern living and strong investment potential. The home has been thoughtfully renovated with updated flooring, kitchen countertops, bathroom amenities, recessed lighting, and fresh interior and exterior paint. The spacious layout provides plenty of room for comfortable living, while the private backyard offers additional space for entertaining, recreation, or relaxation. For investors, this property is currently tenant occupied through the end of the year and is generating approximately a **7% ROI**, providing immediate rental income with an existing tenant in place. This presents an excellent opportunity for an investor seeking a turnkey rental property with established income. For owner-occupants, the home offers a move-in-ready property in a peaceful residential setting with convenient access to Stone Mountain, shopping, dining, parks, schools, and major roadways. **Property Highlights:** * 4 Bedrooms * 3 Bathrooms * Recently remodeled * Updated kitchen and bathrooms * New flooring * Recessed lighting * Fresh interior & exterior paint * Spacious backyard * Quiet residential neighborhood * Tenant occupied through year-end * Approximately 7% current ROI **IMPORTANT SHOWING INFORMATION:** Please **DO NOT DISTURB THE TENANT**. The property is currently occupied, and all showings must be coordinated and approved in advance. The property may be viewed during the **due diligence period**, subject to proper notice and scheduling with the tenant. Please respect the tenant's privacy and do not approach the property without an approved appointment. Whether you're looking for your next investment property or a beautifully updated home with future flexibility, this property is worth a closer look. **Schedule your showing today!**

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Data last updated 2026-10-15T00:04:05.353. For issues regarding this website, please contact BoomTown.
www.tamrawaderealestate.com/homes/180112639
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1995 Northerly Way Stone Mountain, GA 30088

  • Price: $249,000
  • Status: Active
  • On Site: 62 Days
  • MLS #: 7820828
4
Beds
3
Baths
0
½ Baths
0.19
Acres
1,272
SQFT
$196
$/SQFT
1981
Built
Neighborhood:
Scarbrough Square
County:
Dekalb
Area:
Dekalb
Elementary School:
Panola Way
Middle School:
Miller Grove
High School:
Redan
Property Description
**REMOLDED & INCOME-PRODUCING INVESTMENT OPPORTUNITY!** Welcome to this beautifully remodeled 4-bedroom, 3-bathroom single-family home in a quiet and desirable Stone Mountain-area neighborhood. Featuring updated finishes throughout, this property offers the perfect combination of modern living and strong investment potential. The home has been thoughtfully renovated with updated flooring, kitchen countertops, bathroom amenities, recessed lighting, and fresh interior and exterior paint. The spacious layout provides plenty of room for comfortable living, while the private backyard offers additional space for entertaining, recreation, or relaxation. For investors, this property is currently tenant occupied through the end of the year and is generating approximately a **7% ROI**, providing immediate rental income with an existing tenant in place. This presents an excellent opportunity for an investor seeking a turnkey rental property with established income. For owner-occupants, the home offers a move-in-ready property in a peaceful residential setting with convenient access to Stone Mountain, shopping, dining, parks, schools, and major roadways. **Property Highlights:** * 4 Bedrooms * 3 Bathrooms * Recently remodeled * Updated kitchen and bathrooms * New flooring * Recessed lighting * Fresh interior & exterior paint * Spacious backyard * Quiet residential neighborhood * Tenant occupied through year-end * Approximately 7% current ROI **IMPORTANT SHOWING INFORMATION:** Please **DO NOT DISTURB THE TENANT**. The property is currently occupied, and all showings must be coordinated and approved in advance. The property may be viewed during the **due diligence period**, subject to proper notice and scheduling with the tenant. Please respect the tenant's privacy and do not approach the property without an approved appointment. Whether you're looking for your next investment property or a beautifully updated home with future flexibility, this property is worth a closer look. **Schedule your showing today!**
Exterior Features

Architectural Style Ranch Construction Materials HardiPlank Type Dock None Exterior Features None Fencing None Foundation Slab Horse Amenities None Lot Features Back Yard Other Structures None Parking Features Driveway Patio And Porch Features Covered Pool Features None Pool Private YN No Road Surface Asphalt Road Type Other Roof Type Shingle Stories One View Other Waterfront Features None Window Features Insulated Windows

Interior Features

Additional Rooms Other Appliances DishwasherDisposalElectric CooktopGas OvenGas Water HeaterRefrigerator Basement None Bedroom Features Master on Main Cooling Central Air Dining Room Features Great Room Fireplace Features None Flooring Luxury Vinyl Heating Central Interior Features Other Kitchen Features Breakfast BarBreakfast RoomCabinets WhiteEat-in KitchenKeeping RoomKitchen IslandStone Counters Laundry Features Common Area Main Bedrooms 4 Main Full Baths 3 Master Bathroom Features Shower Only Number Of Fireplaces 0

Property Features

Accessibility Features None Association Fee 30 Association Fee Frequency Monthly Association YN Yes Common Walls No Common Walls Community Features Other Electric 110 Volts Green Energy Efficient Appliances Green Energy Generation None Hoa Rent Restrictions No Home Warranty No Land Lease YN No Lot Size Dimensions 106 x 55 Master Association Fee 30 Master Association Fee Frequency Annually Other Equipment None Property Attached YN No Property Condition Resale School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features Carbon Monoxide Detector(s)Fire Alarm Sewer Public Sewer Spa Features None Special Circumstances Investor OwnedNo disclosures from SellerSold As/Is Tax Year 2025 Taxes 4218 Type Single Family Residence Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public

Listing provided courtesy of EXP Realty, LLC.: 888-959-9461.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Data last updated 2026-10-15T00:04:05.353. For issues regarding this website, please contact BoomTown.
 
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Tamra Wade Real Estate of RE/MAX TRU
554 West Main Street, Suite #300
Buford GA, 30518