Seize this prime investment opportunity with a tenant-occupied, cash-flowing 3-bedroom, 1.5-bathroom condo in Lithonia, GA! Boasting 1, 212 square feet of comfortable living space, this property has been modernized with major upgrades, including new Mechanical, Electrical, and Plumbing systems, ensuring efficiency and long-term value. Perfect for seasoned investors or those looking to expand their portfolio, this is a low-maintenance, income-generating property. Don't miss out-secure your next smart investment today!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
- Primary Bathroom Features: Tub/Shower Combo
Appliances
- Dishwasher
- Electric Cooktop
- Electric Oven
- Electric Range
- Refrigerator
- Laundry Features: In Hall
Other Rooms
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Heat Pump
Interior Features
- Flooring: Ceramic Tile, Laminate
Kitchen and Dining
- Kitchen Features: Cabinets Other, Solid Surface Counters
Exterior and Lot Features
- Road Frontage Type: City Street
- Road Surface Type: Paved
Garage and Parking
- Parking Features: Parking Lot
- Parking Total: 2
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 211
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Grounds, Sewer, Trash
- Calculated Total Monthly Association Fees: 211
School Information
- Elementary School: Stoneview
- High School: Lithonia
- Middle School: Lithonia
Amenities and Community Features
- Community Features: Homeowners Assoc, Playground
Other Property Info
- Annual Tax Amount: 868
- Source Listing Status: Active
- County: Dekalb - GA
- Directions: Travel I-20 East. Take exit 71 toward Panola Rd. Turn left onto Panola Rd. Turn right onto Hillandale Dr. Turn left onto Somerset Pkwy. Turn right onto Penwood Pl. Turn left onto Penwood Pl.
- Tax Year: 2023
- Ownership: Condominium
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Somerset
- Parcel Number: 16 088 03 006
- Postal Code Plus 4: 4765
- Subdivision: Somerset
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1212
- Year Built: 1973
- Above Grade Finished Area: 1212
- Common Walls: 1 Common Wall
- Construction Materials: Cedar, Wood Siding
- Levels: Two
- Property Age: 52
- Property Attached: Yes
- Property Condition: Resale
- Roof: Composition
- House Style: Mid-Century Modern, Modern
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Natural Gas Available
- Phone Available
- Sewer Available
- Water Available
- Water Source: Public
