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1413 Stone Mill Trace

Stone Mountain, GA 30083

Sana Neyazi
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678-427-6806
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Smart Mortgage Options
Dalton Carter
Lender
Lic. 1566538
Office:
Direct: 678-425-4140
AP Mortgage
340 Jesse Jewell Parkway
Suite 500A
Gainesville, GA 30501
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For Sale
MLS Number 10778339
2 Bedrooms
1 Bathrooms
1 Half Baths
1,152 Square Feet *estimated
Summary of 1413 Stone Mill Trace
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 close to $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.
Set in the popular Stone Mill Condominium Association neighborhood, this 2-BR, 1-BA home offers a comfortable blend of space, style, and function. Thoughtfully planned, the interior provides 1,152 square feet of finished living space with an open, livable feel from room to room. A bright, open kitchen offers generous workspace, storage, and a direct view into the main gathering spaces. The main living areas are filled with natural light and provide an easy flow for hosting friends or enjoying quiet evenings at home. Step outside to approximately 0.022 acres, creating a comfortable setting for outdoor living and weekend gatherings. With parking available for multiple vehicles, the home provides flexible options for families and visitors. Set within Stone Mill Condominium Association in Stone Mountain, this home is close to schools, shopping, dining, and area attractions. With roughly 8 days on the market, this property stands out for condition and location. With an asking price of $110,000, this property represents an appealing opportunity in the current market.
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1413 Stone Mill Trace - Map & Directions
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Facts & features
School District Information
High School
Middle School
Elementary School
Additional Information about
Stone Mill Condominium Association
Association
Yes
Association Fee
$420
Initiation Fee
$275
Association Fee Includes
Maintenance Exterior
Maintenance Grounds
Water
Additional Information about
1413 Stone Mill Trace
County
Year Built
1974
Appliances
Convection Oven
Dishwasher
Other
Refrigerator
Architectural Style
A-frame
Foundation
Slab
Construction Materials
Vinyl Siding
Cooling
Central Air
Flooring
Carpet
Tile
Vinyl
Heating
Forced Air
Home Warranty
No
Laundry Features
In Kitchen
Levels
Two
Financing Available
1031 Exchange
Cash
Conventional
Patio and Porch Features
Patio
Porch
Selling Status
Resale
Rooms
Family Room
Loft
Office
Security Features
Smoke Detector(s)
Sewer Type
Public Sewer
Total Finished Area
1,152
Utilities
Cable Available
Electricity Available
High Speed Internet
Natural Gas Available
Phone Available
Sewer Connected
Water Available
Water Source
Public
Land Information
Lot Size
Less than .5 Acres
Lot Size Estimated
0.022
Fencing
Back Yard
Fenced
Privacy
Garages and Parking Information
Parking Total
1
Parking Features
Assigned
Carport
Tax Information
Taxes
$2,746
Tax Year
2024
Tax ID Number
18 137 05 031
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listed by real estate agent fransau mcdonald and foundation partners realty llc