1995 Northerly Way, Stone Mountain, GA 30088
- $249,000
- 4
- BD
- 3
- BA
- 1,272
- SqFt
- List Price
- $249,000
- MLS#
- 7820828
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 3
- Square Footage
- 1,272
- Lot Size
- 0.19
- Subdivision
- Scarbrough Square
- Basement Description
- None
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!**
Additional Information
- Style
- Ranch
- Stories
- One
- Construction
- HardiPlank Type
- Year Built
- 1981
- Neighborhood Amenities
- Other
- Kitchen Features
- Breakfast Bar, Breakfast Room, Cabinets White, Eat-in Kitchen, Keeping Room, Kitchen Island, Stone Counters
- Interior
- Other
- Exterior
- None
- Roof
- Shingle
- Lot Dimensions
- 106 x 55
- Parking
- Driveway
- Lot Desc
- Back Yard
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Panola Way
- Middle School
- Miller Grove
- High School
- Redan
- Annual Master Assoc Fee
- 30
- Acres
- 0.19
- Dock
- None
- Hoa Fee
- $30
- Hoa Freq
- Monthly
- Levels
- One
- Taxes
- $4,218
Listing courtesy of EXP Realty, LLC..
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. 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 FMLS. Last updated