2083 Mallard Way

Lithonia, GA 30058

$210,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

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...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.
  1. Listed by Rodney Campbell • Realty Hub of Georgia, LLC • 888-900-1801

Property Details for 2083 Mallard Way

Subdivision Complex
Leisure Valley
Parking Features
Garage
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 10/13/2024 06:40 AM

Property Details for 2083 Mallard Way

StatusActive
MLS #7448797
Days on Market76
Taxes$1,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built1987
Lot Size0.20 AC / 8,712 SF
CountyDeKalb County

Building Information for 2083 Mallard Way

Stories1Residences5Year Built1987Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 2083 Mallard Way

Summary
Location and General Information
  • Community Features: Street Lights
  • Directions: Take exit 71 toward Panola Rd. Go for 0.3 mi. Turn left onto Panola Rd. Go for 1.7 mi. Turn right onto Mallard Trl. Go for 0.6 mi. Turn right onto Mallard Way. Go for 272 ft.
  • Lake Name: None
  • View: Other
  • Coordinates: -84.158112, 33.727864
Taxes and HOA Information
  • Parcel Number: 16 059 01 256
  • Tax Year: 2023
  • Association: No
  • Block: a
  • Tax Legal Description: 60 X 115 X 60 X 115. . . .. . . . . . . . .0.15AC BLOCK A LOT 78 LEISURE VALLEY
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Panola Way
  • High School: Miller Grove
  • Middle School: Miller Grove
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Levels/Stories: One
  • Window Features: Insulated Windows
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: Common Area
  • Construction Materials: Wood Siding
  • Fencing: None
  • Roof Type: Shingle
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Plat Book: a
  • Plat Page: 04
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Land lot: 78
  • Lot Features: Level
  • Acreage Source: Assessor
  • Lot Size Dimensions: 60x115x60x115
Multi Family
Multi-Family Information
  • NUM OF UNITS: 5
Income & Expenses Information
  • Gross Annual Income: $40,800.00
  • N.O.I. $: $25,200.00
  • Annual Expenses: $15,600.00
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 2083 Mallard Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2083 Mallard Way

Taxable ValueLand$16,000Additions$70,120Total$86,120
Tax Record2024$2,209 ($184 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,180 SqFtAbove Grade Finished SqFt1,180 SqFtStories1Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1987ZoningXCountyDEKALBAPN16 059 01 256Fireplace TypeHas Fireplace

Schools near 2083 Mallard Way

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Panola Way Elementary School
PublicPK to 5

Miller Grove Middle School
Public6 to 8

Miller Grove High School
Public9 to 12

Marbut Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2083 Mallard Way is a multi-family home for sale in Lithonia, GA 30058. This property was listed for sale on September 2, 2024 by Realty Hub of Georgia, LLC, it's currently listed at $210,000. It has been on the market for a total of 76 days and was last sold on November 27, 2013. This listing's school district is Dekalb County School District. Nearby schools include Panola Way Elementary School, Miller Grove Middle School and Miller Grove High School. 2083 Mallard Way is a 0-bed, 0-bath, multi-family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Hub of Georgia, LLC, Rodney Campbell

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.