Your Guide to Moving, Living, and Thriving in Metro Atlanta

1995 Northerly Way; Stone Mountain, GA 30088

$249,000

1,272 Sq Ft
4 Bedrooms
3 Bathrooms
Driveway
7820828
**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!**
Key Facts
  • Style:
  • Year Built: 1981
  • Status: Active
Schools
  • Elementary School: Panola Way
  • Middle School: Miller Grove
  • High School: Redan
Bedrooms
  • Beds Total: 4
Bathrooms
  • Baths Full: 3
  • Baths Half: 0
  • Main Full Baths: 3
  • Master Bath Features: Shower Only

Learn more about this property...

Private & Public Schools Nearby

  • 0 / 5
    Below
    Avg

    Panola Way Elementary School
    2170 PANOLA WAY COURT; Lithonia, GA 30058
    Public PK-5th  |  872 students
    Metro Atlanta School Rank: 1144th
  • 0 / 5
    Below
    Avg

    Miller Grove Middle School
    2215 MILLER ROAD; Decatur, GA 30035
    Public 6th-8th  |  909 students
    Metro Atlanta School Rank: 505th
  • 1 / 5
    Below
    Avg

    Redan High School
    5247 REDAN ROAD; Stone Mountain, GA 30088
    Public 9th-12th  |  1,005 students
    Metro Atlanta School Rank: 339th

Similar Properties Nearby

Listing Provided Courtesy Of: EXP Realty, LLC.
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. © 2026 FMLS.

For issues regarding this website (and/or listing search engine, as applicable) please contact KNOWAtlanta - 770-650-1102

Listing information last updated on September 6, 2026
Latest Happenings
Recent Articles