Lithonia, GA 30038,3631 Raiders Ridge DR
Lithonia, GA 30038,3631 Raiders Ridge DR
Lithonia, GA 30038,3631 Raiders Ridge DR
Lithonia, GA 30038,3631 Raiders Ridge DR
Lithonia, GA 30038,3631 Raiders Ridge DR
Lithonia, GA 30038,3631 Raiders Ridge DR
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$ 259,000
Est. payment | /mo

8 Beds

2.5 Baths

1,951 SqFt


Save
$ 259,000
Est. payment | /mo
Save

8 Beds

2.5 Baths

1,951 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,951 sqft

Price per Sqft $132

Subdivision Chimney Rock

MLS Listing ID 7679884

Style Traditional

Bedrooms 8

Full Baths 2

Half Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1995

Annual Tax Amount $5,304

Tax Year 2025

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Single Family Residence

Source First Multiple Listing Service

Property Description

This distinctive property features a striking castle-inspired façade and versatile 8-room layout that works for owner occupants seeking flexibility with extra rooms, house hackers looking to offset their mortgage with roommate income, or investors seeking a practically turnkey rental. For investors, this property will perform over a 12% cap rate with over 20% cash-on-cash ROI when operated as co-living or PadSplit, making this an exceptional opportunity in today's market. The property needs some cosmetic updates but offers strong bones and immediate income potential for savvy buyers ready to capitalize on the growing demand for affordable, flexible housing.

Location

State GA

County Dekalb

Area Chimney Rock

Lake Name None

Rooms

Bedroom Description In-Law Floorplan,Roommate Floor Plan,Split Bedroom Plan

Other Rooms None

Basement None

Main Level Bedrooms 4

Dining Room None

Kitchen Breakfast Bar, Cabinets White, Eat-in Kitchen, Stone Counters, Solid Surface Counters

Interior

Interior Features Entrance Foyer

Heating Central, Forced Air, Natural Gas

Cooling Central Air, Electric

Flooring Laminate, Tile

Fireplaces Type None

Equipment None

Window Features Double Pane Windows

Appliance Dryer, Electric Cooktop, Electric Range, Electric Oven, Refrigerator, Microwave, Range Hood, Self Cleaning Oven, Washer, Gas Water Heater

Laundry Electric Dryer Hookup, Laundry Closet, Laundry Room, Main Level

Exterior

Exterior Feature Garden, Private Yard, Rain Gutters

Parking Features Attached, Driveway, Garage, Garage Faces Side, Kitchen Level, Level Driveway, Garage Door Opener

Garage Spaces 2.0

Fence None

Pool None

Community Features Near Schools, Near Shopping, Park, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Neighborhood

Roof Type Composition,Shingle

Street Surface Asphalt,Paved

Accessibility None

Handicap Access None

Porch Covered, Front Porch, Patio

Private Pool false

Building

Lot Description Back Yard, Corner Lot, Front Yard, Level

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Brick,Vinyl Siding

Construction Status Resale

Schools

Elementary Schools Browns Mill

Middle Schools Chapel Hill - Dekalb

High Schools Martin Luther King Jr

Others

Senior Community no

Restrictions false

Ownership Fee Simple

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Metro Atlanta
Samir El Fakih

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(770) 231-5898

selectorrealty@hotmail.com

194 Hawkins Store Rd, Kennesaw, GA, 30144, USA

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3631 Raiders Ridge DR