5374 Cherry Wood DR, Stone Mountain, GA 30083
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5374 Cherry Wood DR, Stone Mountain, GA 30083
5374 Cherry Wood DR, Stone Mountain, GA 30083
5374 Cherry Wood DR, Stone Mountain, GA 30083
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HARRY PATEL

HARRY PATEL

+1(404) 213-6811
$ 110,000
Est. payment /mo
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Price Dropped by $8K

5374 Cherry Wood DR Stone Mountain, GA 30083

2 Beds

2 Baths

1,097 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,097 sqft

Price per Sqft $100

Subdivision Ridge Forest Ph 02B

MLS Listing ID 7739454

Style Other

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1986

Annual Tax Amount $4,980

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Single Family Residence

Source First Multiple Listing Service

Property Description

Unlock significant investment potential with this charming ranch-style home located at 5374 Cherry Wood Drive in Stone Mountain. Priced at an attractive $118,745 Cash or conventional only , this property offers an exceptional opportunity for real estate investors seeking a strong return. Boasting a desirable double master bedroom layout this residence is designed for comfortable living and easy maintenance, appealing to a wide range of prospective tenants or future homeowners.The classic brick front exterior provides excellent curb appeal, while the quiet neighborhood ensures a peaceful environment. Built in 1986, this single-level home eliminates the concerns of stairs, enhancing accessibility and broad appeal. A major advantage for investors is
NO Homeowners Association (HOA), which translates to lower holding costs and greater flexibility in property management. With an estimated After Repair Value (ARV) of $200,000, this property presents a clear path to substantial equity growth.This affordable investment is strategically located in Stone Mountain, a community offering convenience and a steady rental market. The practical layout, combined with the low-maintenance features and NO HOA fees, makes this an ideal asset for your portfolio. Seize the opportunity to transform this solid foundation into a lucrative investment. This property is ready for its next chapter, promising both immediate value and long-term appreciation for the savvy investor.

Location

State GA

County Dekalb

Area Ridge Forest Ph 02B

Lake Name None

Rooms

Bedroom Description Double Master Bedroom

Other Rooms None

Basement None

Main Level Bedrooms 2

Dining Room Other

Kitchen Other

Interior

Interior Features Other

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Other

Fireplaces Number 1

Fireplaces Type None

Equipment None

Window Features None

Appliance Other

Laundry Other

Exterior

Exterior Feature None

Parking Features None

Fence None

Pool None

Community Features None

Utilities Available None

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch None

Private Pool false

Building

Lot Description Back Yard

Story One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories One

Structure Type Other

Construction Status Resale

Schools

Elementary Schools Stone Mountain

Middle Schools Stone Mountain

High Schools Stone Mountain

Others

Senior Community no

Restrictions false

Tax ID 18 037 18 042

First Multiple Listing Service(FMLS)
Listed by EXP Realty, LLC.
HARRY PATEL

HARRY PATEL

Agent | License ID: 298422

+1(404) 213-6811

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5374 Cherry Wood DR