USAGAStone MountainSherrington4578 Sherrington Ct
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4578 Sherrington Ct, Stone Mountain, GA

House

Sold

Listed price in listed location currency (USD).
$280,000
$274,000

550

MLS® 10373122

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1750 sqft
Garage No
Taxes $5,043
Lot Size 0.6 acres
Approx. Age 1970
Avg. Price Per Sqft $156
MLS® Number 10373122

Property Address: 4578 Sherrington Ct, Stone Mountain, GA, 30083-5337

Average square foot calculated using Size range provided by listing agent.

Description

This Stone Mountain rental is ideal for the savvy investor. With furnished rooms and 4.5 bathrooms (2 en-suites) this home produces robust rental income compared to anything available on the market, while providing solid workforce housing. It grosses $4600 per month on average with some months averaging consistently above $6000. 0.3 miles to public transit on a major arterial, Redan Rd. Potential for 13% cap rate and 25%+ Cash-on-Cash ROI. FInancials and Proforma available upon request. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. NOTE: SqFt of home is larger than the tax records state. Financing must be cash, hard money or one of our preferred lenders with PadSplit experience.
MLS® Number10373122
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.6
Exterior
GarageNo
Approx. Age1970
BasementNone
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Sep 14, 2024End Date
$280,000Sold Price

Sold

Sep 6, 2024List Date
$274,000List Price
  • Commute

Commute

Starting Address
Destination Address
4578 Sherrington Ct, Stone Mountain, GA

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