$320,000
$284,000
12.7%For more information regarding the value of a property, please contact us for a free consultation.
3492 Stardust CIR Decatur, GA 30034
10 Beds
3 Baths
2,834 SqFt
Key Details
Sold Price $320,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,834 sqft
Price per Sqft $112
Subdivision Rainbow Estates
MLS Listing ID 10234895
Sold Date 01/16/24
Style Brick 4 Side,Traditional
Bedrooms 10
Full Baths 3
HOA Y/N No
Originating Board Georgia MLS 2
Year Built 1963
Annual Tax Amount $3,647
Tax Year 2022
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions 26136
Property Sub-Type Single Family Residence
Property Description
Generating over $7,000 per month in gross rental income ($85,000+ per year), this seasoned PadSplit coliving home offers a unique combination of cash flow and turnkey management in a sought-after location. This 4-sided brick home on a beautiful lot in Decatur. It's close to interstates and major arterials, ensuring superb connectivity. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
Location
State GA
County Dekalb
Rooms
Basement Finished
Interior
Interior Features Master On Main Level, Roommate Plan
Heating Central, Natural Gas
Cooling Electric
Flooring Laminate, Tile
Fireplace No
Appliance Dryer, Electric Water Heater, Refrigerator, Washer
Laundry In Basement
Exterior
Parking Features Carport
Fence Back Yard
Community Features Street Lights, Walk To Schools
Utilities Available Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
View Y/N Yes
View City
Roof Type Composition
Garage No
Private Pool No
Building
Lot Description Level
Faces Take 75/85 South to I-20 East to Columbia Drive in Panthersville and turn right. Follow Columbia Drive to Stardust Cirle and turn left. Property will be on the right hand side of road.
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Columbia
Middle Schools Columbia
High Schools Columbia
Others
HOA Fee Include None
Tax ID 15 123 11 022
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition Resale
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