493 Stone Mountain Street

Lawrenceville, GA 30046

$769,000
Price
8
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Building (S) Discover a prime investment opportunity at 493 Stone Mountain Street, Lawrenceville GA! This charming quadplex features four units, each boasting 2 bedrooms and 2 baths, with three units elegantly renovated just two years ago. Located mere moments from Downtown Lawrenceville, residents enjoy unparalleled convenience to City Green space, renowned restaurants, vibrant breweries, and a prestigious performing arts theatre. With the Lawrenceville City Police department nearby, security and...Building (S) Discover a prime investment opportunity at 493 Stone Mountain Street, Lawrenceville GA! This charming quadplex features four units, each boasting 2 bedrooms and 2 baths, with three units elegantly renovated just two years ago. Located mere moments from Downtown Lawrenceville, residents enjoy unparalleled convenience to City Green space, renowned restaurants, vibrant breweries, and a prestigious performing arts theatre. With the Lawrenceville City Police department nearby, security and peace of mind are assured. Built to last with a classic 4-sided brick exterior and recent double insulated windows, this property combines durability with modern efficiency. Newer stainless steel appliance package. Ideal for savvy investors seeking a stable income stream, the quadplex boasts a history of high occupancy rates, making it a compelling choice for your portfolio. Don’t miss out on this exceptional opportunity to own a piece of Lawrenceville’s thriving community—schedule your showing today!
  1. Listed by Tung Le • NDI Maxim Residential

Property Details for 493 Stone Mountain Street

Subdivision Complex
Cherokee Court
Parking Features
Level Driveway, Paved
Property Attached
No
Waterfront Features
None
Furnished
Unfurnished
LISTING UPDATED: 02/03/2025 02:48 PM

Property Details for 493 Stone Mountain Street

StatusActive
MLS #7509606
Days on Market19
Taxes$7,228 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1972
Lot Size0.05 AC / 2,178 SF
CountyGwinnett County

Building Information for 493 Stone Mountain Street

Stories2Residences4Year Built1972Building Size-Lot Size0.05 AC / 2,178 SF

Property Information for 493 Stone Mountain Street

Summary
Location and General Information
  • Community Features: Near Trails/Greenway
  • Directions: Driving Directions to 493 Stone Mountain St, Lawrenceville, GA from I-85 North: Get on I-85 N – If you're starting from downtown Atlanta, head north on I-85. Take Exit 106 for GA-316 E – Follow the signs for Lawrenceville. Merge onto GA-316 E – Continue on GA-316 E toward Lawrenceville. Take the Exit for US-29 S / Stone Mountain St – Exit onto US-29 S (also called Stone Mountain St). Arrive at 493 Stone Mountain St – The property will be on your right.
  • Lake Name: None
  • View: City, Trees/Woods
  • Coordinates: -83.994748, 33.939467
Taxes and HOA Information
  • Parcel Number: R5115 376
  • Tax Year: 2024
  • Association: No
  • Block: 12
  • Tax Legal Description: BLDG 12 BB CHEROKEE COURT
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lawrenceville
  • High School: Central Gwinnett
  • Middle School: Moore
Parking
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Central Air, Other
  • Heating: Central
  • Flooring: Laminate
  • Levels/Stories: Two
  • Window Features: Insulated Windows
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Dock: None
  • Fencing: None
  • Roof Type: Shingle
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Proposed Financing: 1031 Exchange
  • Property Condition: Updated/Remodeled
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: Insulation, Windows
  • Green Energy Generation: None
Lot Information
  • Lot Features: Level
  • Acreage Source: Public Records
  • Lot Size Dimensions: 67x33x67x32
Multi Family
Multi-Family Information
  • Unit Count: 4
  • NUM OF UNITS: 4
Income & Expenses Information
  • Gross Annual Income: $68,100.00
  • N.O.I. $: $54,702.00
  • Annual Expenses: $13,397.00
Unit 1
  • Unit Deposit Amount: $1,950.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Dishwasher, Disposal, Fire Alarm, Range/Oven, Refrigerator
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,475.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 2
Unit 2
  • Unit Deposit Amount: $2,025.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Dishwasher, Range/Oven, Refrigerator
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,475.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 2
Unit 3
  • Unit Deposit Amount: $1,375.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Dishwasher, Disposal, Range/Oven, Refrigerator, Smoke Alarm
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,525.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 2
Unit 4
  • Unit Deposit Amount: $750.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Dishwasher, Disposal, Range/Oven, Refrigerator
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,200.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 2
Rental
Rent Information
  • Occupant Types: Tenant

Public Records for 493 Stone Mountain Street

Taxable ValueLand$4,840Additions$12,560Total$17,400
Tax Record2024$557 ($46 / month)
Home Facts
Lot Size177,289 SqFtStyleMiscellaneous CommercialZoningRM-MULTI-FAMICountyGWINNETTAPNR5142 296

Schools near 493 Stone Mountain Street

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

Moore Middle School
Public6 to 8

Central Gwinnett High School
Public9 to 12

Oakland Meadow School
PublicPK to 12

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.

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493 Stone Mountain Street is a multi-family home for sale in Lawrenceville, GA 30046. This property was listed for sale on January 15, 2025 by NDI Maxim Residential, it's currently listed at $769,000. This listing's school district is Gwinnett County School District. Nearby schools include Lawrenceville Elementary School, Moore Middle School and Central Gwinnett High School. 493 Stone Mountain Street is a 8-bed, 8-bath, multi-family home built in 1972.

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 NDI Maxim Residential, Tung Le

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