See all 4 photos

$104,999

Est. payment - /mo

Save

2 Beds

2 Baths

1,097 SqFt

New

5374 Cherry Wood DR Stone Mountain, GA 30083

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tim Hur

tim@pointhonors.com +1(404) 512-2322

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,097 sqft

Price per Sqft $95

Subdivision Ridge Forest Ph 02B

MLS Listing ID 7765713

Style Ranch

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1986

Annual Tax Amount $4,980

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Single Family Residence

Source First Multiple Listing Service

Property Description

Unlock significant investment potential with this charming ranch-style home located at 5374 Cherry Wood Drive in Stone Mountain. Priced at an attractive $104,999 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.

Location

State GA

County Dekalb

Area Ridge Forest Ph 02B

Lake Name None

Rooms

Bedroom Description None

Other Rooms None

Basement None

Main Level Bedrooms 2

Dining Room Other

Kitchen None

Interior

Interior Features Other

Heating Central

Cooling None

Flooring Other

Fireplaces Type None

Equipment None

Window Features None

Appliance Other

Laundry Other

Exterior

Exterior Feature None

Parking Features Driveway

Fence None

Pool None

Community Features None

Utilities Available Other

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch None

Private Pool false

Building

Lot Description Back Yard

Story One

Foundation None

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

Structure Type Brick,Other

Construction Status Resale

Schools

Elementary Schools Stone Mountain

Middle Schools Stone Mountain

High Schools Stone Mountain

Others

Senior Community no

Restrictions false

Special Circumstances None

Listed by EXP Realty, LLC.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Tim Hur

Broker | License ID: 299688

+1(404) 512-2322

QUICK HOME SEARCH

5374 Cherry Wood DR Stone Mountain, GA 30083

Tim Hur

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

5374 Cherry Wood DR