2083 Mallard Way Lithonia, GA 30058
Looking for cashflow? You found it! This turnkey coliving rental property generates $3, 800 per month, and is a 12.0% cap rate when you factor expenses. A seasoned PadSplit, this home is in a great location close to expressways, shopping, and public transportation. This property is sold leased to a PadSplit LLC, and it can be terminated with 30 day notice by the landlord. An experienced Superhost is also available, making this property ideal for any investor, no matter their capacity. This house is set up with 6 rooms, as the dining room, living room, have been converted to bedrooms. PadSplit helps members save money and live closer to work, while providing 2x returns to investors compared to a typical rental. Google "PadSplit hosts" to learn more. Part of a Portfolio.
- Property TypeMulti-Family
- NeighborhoodLeisure Valley
- CountyDekalb
- Taxes$1,600
- HOA/Condo/Coop Fees$0
- Days on Site33 Days
- MLS StatusActive
- MLS ID Number7448797
- Home Size Source N/A
- Year Built1987
- Lot Size0.2 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Wood Siding
- Parking Garage
- Sewer Public Sewer
- Number of Stories 1
- Acreage 0.2
- Water Public
- Security None
- Accessibility Features Common Area
- Utilities None
Interior Features
- Cooling Central Air
- Heating Central
- Window Features Insulated Windows
Exterior Features
- Roof Shingle
- View Other
- Fencing None
- Waterfront Property No
- Waterfront Features None
- Lot Level
Community Features
- Community Features Street Lights
- Security Features None