Status: Sold
2083 Mallard Way
Lithonia, GA 30058
Sold Price
$168,000
Sold on Jan 9, 2025
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.
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- Bedrooms
- 3
- Baths
- 2
- House Size
- --
- Year Built
- 1987
- Lot Size
- 0.2 ac
Location
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Interior Information
- appliances
- Range
- Oven
- Dryer
- Gas Water Heater
- Refrigerator
- basement
- None
- cooling
- Central Air
- features
- Master Downstairs
- flooring
- Tile
- Vinyl
- heating
- Central
- laundry features
- Laundry Room
- In Kitchen
- window features
- Insulated Windows
- Double Pane Windows
Exterior Information
- roof
- Concrete
- Tile
Property Information
- architectural style
- Ranch
- community
- Street Lights
- construction
- Wood Siding
- hoa includes
- Maintenance Grounds
- lot
- Level
- parking
- Garage
- sewer
- Public Sewer
- subdivision name
- Leisure Valley
- utilities
- None
- water source
- Public
- Listed By Rodney Campbell
- Reorodney@hotmail.com
- (888) 900-1801
- Realty Hub of Georgia, LLC
- (888) 900-1801
- georgia.broker@usrealtyhub.com
- MLS 10413774
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2024 | $2,209 (+37.5%) | $40,000 | $175,300 | $215,300 (+3.4%) |
| 2023 | $1,607 (+4%) | $40,000 | $168,300 | $208,300 (+36%) |
| 2022 | $1,545 (+34%) | $20,000 | $133,200 | $153,200 (+38.4%) |
| 2021 | $1,152 (0%) | $10,500 | $100,200 | $110,700 (+17.8%) |
| 2020 | $1,152 | $10,500 | $83,500 | $94,000 |
Tax data provied by Attom
