Ridge Forest Ph 02b · 5374 Cherry Wood DR

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.