About This Home

This 4-bedroom, 3-bathroom single family at 1995 Northerly Way in Stone Mountain, GA is listed for $249,000 ($196 per sqft). Built in 1981, the home offers 1,272 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1981
  • 0.19 acre lot

Property Details

1 story
3 full
1981

Amenities

A/C
Listing 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!**

Monthly Cost Estimate

$1,362/mo

20% down · 6.5% · 30 years

Principal$180
Interest$1,079
Insurance$73
HOA$30

Estimates only. Actual payments may vary.

Location

1995 Northerly Way

Stone Mountain, GA 30088

Scarbrough Square

Property Details

Flooring

Vinyl

Construction

HardiPlank Type

Parking

Driveway

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalElectric CooktopGas OvenGas Water HeaterRefrigerator

Questions & Answers

This 4-bedroom, 3-bathroom single family at 1995 Northerly Way is listed at $249,000 ($196/sqft). The estimated monthly payment is $1,362 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $30/month.

Key features include: Built in 1981, 0.19 acre lot.

This property is listed by Saad Aly.

SA

Saad Aly

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (888) 959-9461 · View on Broker Site

MLS# 7820828· Source: First Multiple Listing Service, Inc.· 76 days on PropertySimple

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1995 Northerly Way, Stone Mountain, GA 30088

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