7145 Stonecreek DrDouglasville, GA 30134

Property Details for 7145 Stonecreek Dr

Year built

1989

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a single-unit apartment building located at 7145 Stonecreek Drive, Douglasville, Georgia 30134. Built in 1989, this Class B property is priced at $279,500 and boasts a compelling 6.25% capitalization rate. The property features three bedrooms and two full bathrooms, offering immediate rental income with a signed lease extending through November 2024. Recent upgrades significantly enhance the property's value and appeal to tenants. These include a new water heater (installed within the last year), a three-year-old HVAC system, and brand new electric stove and microwave. The bathrooms and kitchen have also been updated with new sinks and faucets, and new vinyl plank flooring has been installed in the master bathroom, hall bathroom, kitchen, eating area, two bedrooms, and a small hallway. New blinds have been installed throughout the unit. The property is fully landscaped, adding to its curb appeal and overall desirability. This turnkey investment is ready for a new owner to enjoy immediate cash flow and strong potential for future appreciation. The property's location in Douglasville, Douglas County, provides convenient access to local amenities and transportation. This is a rare opportunity to acquire a well-maintained, high-yield investment property in a desirable location.

Location Insight

City

Douglasville

County

Douglas

State

Georgia

Latitude

33.7654

Longitude

-84.762

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