0.47 Acres Lot
0.47 Acres Lot
Open House
Sat Oct 31, 11:00am - 1:00pm
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Skyview
MLS Listing ID 7859597
Construction Status Resale
HOA Y/N No
Year Built 1966
Annual Tax Amount $5,124
Tax Year 2025
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
Discover the income potential of 524 Rowland Road in Stone Mountain's established Skyview community! Offered at $290,000, this spacious four-sided brick ranch features approximately 2,716 square feet, 4 bedrooms, 3 full bathrooms, multiple living areas, and a finished daylight basement on approximately 0.47 acres. TENANT-OCCUPIED INVESTMENT OPPORTUNITY! The property is being marketed with rental income of $2,500 per month, representing $30,000 in potential annual gross rental income. Lease information and rent roll available upon request. Existing tenancy and lease terms to be verified during due diligence.The flexible floor plan offers 3 bedrooms and 2 full bathrooms on the main level, plus additional lower-level rooms, a full bathroom, and versatile bonus space. Hardwood flooring, a spacious family room, separate living and dining areas, laundry connections, and a wooded lot add to the property's appeal.
MULTIPLE INVESTMENT POSSIBILITIES! In addition to traditional long-term leasing, investors may explore shared housing, room-by-room rental models such as PadSplit, multigenerational housing, or potential personal care home use, subject to independent verification of zoning, licensing, occupancy, fire safety, building codes, and any required approvals. The home's accessible-entry features may offer additional flexibility, subject to verification.
CONVENIENT DEKALB COUNTY LOCATION! Near Memorial Drive, US-78, I-285, Stone Mountain Park, Decatur, MARTA connections, shopping, dining, and major employment destinations including Emory University, Emory Healthcare, and the CDC. An attractive opportunity for buy-and-hold investors seeking existing rental income, flexible living space, and long-term investment potential in Metro Atlanta. Proof of funds required with offers. Buyer to verify rental income, lease terms, expenses, property condition, permitted uses, and all information during due diligence. Showings by appointment only; please do not disturb tenants.
RENTAL INCOME: Tenant-occupied property producing $2,500 per month, with an executed lease and rent roll available for qualified buyer review. Existing lease to remain in effect following closing, subject to its terms and applicable law.
LOWER OWNER OPERATING RESPONSIBILITIES: Tenants are responsible for utilities and lawn care as outlined in the executed lease.
ACCESSIBILITY FEATURES: Property offers ramp access and other accessibility-related features, subject to buyer verification.
FLEXIBLE LOWER LEVEL: Finished basement includes additional rooms, a full bathroom, and separate exterior access, offering flexible space for potential future rental configurations subject to required approvals.
Location
State GA
County Dekalb
Area Skyview
Lake Name None
Interior
Heating Central, Forced Air
Cooling Central Air
Flooring Hardwood
Window Features Double Pane Windows
Exterior
Parking Features Driveway
Fence Back Yard, Privacy
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View City, Trees/Woods
Roof Type Composition
Accessibility Accessible Approach with Ramp, Accessible Bedroom, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances
Handicap Access Accessible Approach with Ramp, Accessible Bedroom, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances
Total Parking Spaces 6
Private Pool false
Building
Lot Description Corner Lot
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick 4 Sides
Construction Status Resale
Schools
Elementary Schools Dekalb - Other
Middle Schools Dekalb - Other
High Schools Dekalb - Other
Others
Senior Community no
Tax ID 18 016 01 013
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