Traditional

3631 Raiders Ridge Drive

Lithonia , GA 30038

MLS#: 7679884

$259,000

Status: Active
Listing number: 7679884
Listing provided by: Keller Williams Realty Metro Atlanta
Listing agent phone: None
Last update: 2 months ago
On site: 2 months ago
Browse Properties
Chimney Rock - Residential

Property

Beds

8

Full Baths

2

1/2 Baths

1

Year Built

1995

Sq.Footage

1,951

This distinctive property features a striking castle-inspired façade and versatile 8-room layout that works for owner occupants seeking flexibility with extra rooms, house hackers looking to offset their mortgage with roommate income, or investors seeking a practically turnkey rental. For investors, this property will perform over a 12% cap rate with over 20% cash-on-cash ROI when operated as co-living or PadSplit, making this an exceptional opportunity in today's market. The property needs some cosmetic updates but offers strong bones and immediate income potential for savvy buyers ready to capitalize on the growing demand for affordable, flexible housing.

Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar, Eat-in Kitchen, In-Law Floorplan, Entrance Foyer

  • Total Bedrooms

    8

  • Bathrooms

    2

  • 1/2 Bathrooms

    1

  • Above Grade Finished Area

    1951.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Forced Air, Natural Gas

  • Main Level Bedrooms

    4

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Brick, Vinyl Siding

  • Other Exterior Features

    Garden, Private Yard, Rain Gutters

  • Parking

    Attached, Driveway, Garage, Garage Faces Side, Kitchen Level, Garage Door Opener

  • Patio and Porch Features

    Covered, Front Porch, Patio

  • Pool

    Yes

  • Pool Features

    None

  • View

    Neighborhood

Area & Lot

  • Lot Features

    Back Yard, Corner Lot, Front Yard, Level

  • Lot Size(acres)

    0.37

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $259,000

  • Tax Amount

    5304.0

  • Sq. Footage

    1, 951

  • Price/SqFt

    $132

HOA

  • Association

    No

School District

  • Elementary School

    Browns Mill

  • Middle School

    Chapel Hill - Dekalb

  • High School

    Martin Luther King Jr

Property Features

  • Stories

    2

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Dekalb

Elementary School

Browns Mill

Middle School

Chapel Hill - Dekalb

High School

Martin Luther King Jr

Listing Courtesy of Josh Stanton , Keller Williams Realty Metro Atlanta

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This distinctive property features a striking castle-inspired façade and versatile 8-room layout that works for owner occupants seeking flexibility with extra rooms, house hackers looking to offset their mortgage with roommate income, or investors seeking a practically turnkey rental. For investors, this property will perform over a 12% cap rate with over 20% cash-on-cash ROI when operated as co-living or PadSplit, making this an exceptional opportunity in today's market. The property needs some cosmetic updates but offers strong bones and immediate income potential for savvy buyers ready to capitalize on the growing demand for affordable, flexible housing.

3631 Raiders Ridge Drive

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