$334,900
For Sale

494 S Malton Court

Stone Mountain, GA 30083
2244 sqft | 8 beds | 3 baths | 0.36 acres | #10463928
Type:Purchase
Structure:House
Zone:Residential

Description

Calling all real estate investors looking for a strong return on investment! 494 South Malton Court in Stone Mountain presents a fantastic opportunity to acquire a property with a 10.3% cap rate. This 8-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. Located near North Hairston Road, 494 South Malton Court is just 0.4 miles to the nearest Marta Bus route. A direct bus ride takes you to Indian creek MARTA station a short 15-mins by bus making it easy and seamless to access all of Metro Atlanta. Mere minutes to a Walmart Supercenter, the location is prime for current and future occupants who seek the convenience of having groceries and shopping just a short ride away. Make this cash-flowing winner a part of your real estate portfolio today!

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available
      • InteriorBookcases, Pulldown Attic Stairs, Walk-In Closet(s)
      • Lot DescriptionCul-De-Sac, Level, Private
      • Middle SchoolStone Mountain
      • High SchoolStone Mountain
      • Short SaleInvestor Owned
      • Sewer InformationPublic Sewer
      • StyleTraditional
      • SubdivisionHeathcliff
      • Elementary SchoolRockbridge
      • Property TypePurchase
      • MLS #10463928
      • MLS #10463928
      • Utility SourcePublic
      • CountyDeKalb
      • Taxes Annual$5,754
      • Cost334900
      • Property SubtypeHouse
      • Structure TypeHouse
      • Acres0.36
      • Square Feet2244
      • Year Built1978
      • FoundationSlab
      • Fireplaces1
      • Bedrooms8
      • Bathrooms3
      • Full Baths3
      • Bedrooms on Main Level4
      • Master on Main1

Location

Kim McAfee | Coldwell Banker RealtyReal Estate Group

Interested in Purchasing 494 S Malton Court?

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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