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.
Property Features
Utilities
Cable Available
Electricity Available
Natural Gas Available
Phone Available
Sewer Available
Water Available
Parking
Attached
Driveway
Garage
Garage Faces Side
Kitchen Level
Garage Door Opener
House Interior
Breakfast Bar
Eat-in Kitchen
In-Law Floorplan
Entrance Foyer
Heating Information
Central
Forced Air
Natural Gas
Cooling Information
Central Air
Electric
Water Features
Public
Garage
1
Basement
None
Fire Place
None
School Information
School Information for 3631 Raiders Ridge Drive, Lithonia, GA 30038
Elementary School
Browns Mill
Middle School
Chapel Hill - Dekalb
High School
Martin Luther King Jr
Listing Courtesy: Keller Williams Realty Metro Atlanta - 404-564-5560