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2238 SCARBROUGH DR Stone Mountain, GA 30088
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Key Details
Sold Price $142,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,248 sqft
Price per Sqft $114
Subdivision Barry E Cowan
MLS Listing ID 10515372
Sold Date 10/03/25
Style Traditional
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1985
Annual Tax Amount $3,547
Tax Year 2023
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 8712
Property Sub-Type Single Family Residence
Source Georgia MLS 2
Property Description
**Immediate Cash Flow Opportunity - Tenant Occupied for Investment-minded buyers. Here's your performing asset: $1,395 monthly income already in place. No vacancy period. No renovation delays. No tenant screening. Just verified cash flow from day one. Current qualified tenant with established payment history makes this a true turnkey investment. The 3-bedroom, 2-bath split level configuration consistently maintains tenant demand in Stone Mountain's strategic rental market-accessible to employment centers while maintaining favorable cash-on-cash returns. Unlike vacant "potential rentals" requiring post-acquisition capital, your investment dollars work immediately. The existing lease provides operational predictability and documented performance history that sophisticated portfolio builders prioritize. AS-IS SALE - Property condition reflected in competitive pricing. Calculate your returns using actual numbers, not projections. CASH ONLY - Quick close available for qualified buyers. Properties with verified income and established tenants move fast in today's yield-seeking market. Serious investment buyers only. Call your agent or text the listing agent with proof of funds to receive the complete investment package including current lease documentation and payment history.
Location
State GA
County Dekalb
Rooms
Basement None
Interior
Interior Features High Ceilings
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Carpet, Vinyl, Tile
Fireplaces Number 1
Fireplace Yes
Appliance Dishwasher, Refrigerator, Range
Laundry Other
Exterior
Parking Features Garage
Garage Spaces 2.0
Community Features Walk To Schools, Near Public Transport
Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Connected, Phone Available, Water Available
View Y/N No
Roof Type Composition
Total Parking Spaces 2
Garage Yes
Private Pool No
Building
Lot Description Other
Faces https://www.google.com/maps
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Panola Way
Middle Schools Miller Grove
High Schools Miller Grove
Others
HOA Fee Include None
Tax ID 16 039 04 041
Security Features Smoke Detector(s)
Special Listing Condition Resale
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