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$259,000
8 Beds
3 Baths2 full baths + 1 half bath
1,951sqft
3631 Raiders Ridge Dr, Lithonia, GA 30038
$259,000
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Single Family Residence
Built in 1995
$-- HOA
16,117.2 sqft lot
$133/sq.ft
Description
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.
- Houzeo last checked: 30 Minutes ago
- Listing updated: November 29, 2025 at 5:17 am
- Listing Provided by: Josh Stanton (404) 590-7137 , Brandon Beamer | Keller Williams Realty Metro Atlanta (404) 564-5560
- Source: First Multiple Listing Service-GA | MLS#: 7679884
Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1995
HOA Fees
-
Finished Area
1,951 sqft
Lot Size
16,117.2 sqft lot
Basement Area
- sqft
MLS Name
First Multiple Listing Service
MLS Number
7679884
MLS Status
Pending
Days on Market
24
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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