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Single Family Residence, Traditional - Lithonia, GA
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.
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