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🔥 Fix n’ Flip in Stone Mountain, GA 30083 195K Ask

3 Beds / 2 Baths • 1,632 SqFt

Available

Offer Submission Deadline

House Type Single Family House
Bedrooms 3
Bathrooms 2
Year Built 1987
Approx.SqFt. 1632
Lot size SqFt. 1632

Description

Address: 4847 Brasac Dr, Stone Mountain, GA 30083

Summary

Great off-market opportunity in Stone Mountain — 3 bed, 2 bath home with strong bones and solid mechanicals. Light cosmetic rehab only. With an ARV near $293K and minimal work needed, this deal offers excellent upside for flippers or a low-maintenance addition to a rental portfolio.

Asking Price: $195,000

Bedrooms / Bathrooms: 3 BD / 2 BA

Square Feet: 1,632 SF

Year Built: 1987

Condition: Light cosmetic rehab (estimated $10K–$15K)

Property Overview

Solid 3-bedroom, 2-bath home in the heart of Stone Mountain.

All major systems are in great shape — roof and HVAC under 10 years old, and plumbing and electrical in good working condition. The property mainly needs cosmetic updates such as paint, flooring, and light kitchen/bath upgrades.

Perfect for investors looking for a low-capex flip, BRRRR opportunity, or long-term rental hold with immediate equity.

Highlights

Roof and HVAC both under 10 years old
Major systems (HVAC, roof, plumbing, electrical) in good condition
Only cosmetic rehab required (~$10K–$15K)
Great location near Hwy 78, schools, and shopping
Excellent resale and rental demand in this pocket of Stone Mountain

Comparable Sales

Recent nearby sales supporting a strong resale value:

959 Romer Pl, Stone Mountain, GA 30083 — 3 BD / 2 BA, 1,496 SF — Sold for $247,500 on 7/17/2025 ($165/SF)
971 Lake Watch Ct, Stone Mountain, GA 30088 — 3 BD / 2 BA, 1,629 SF — Sold for $253,500 on 6/10/2025 ($156/SF)
956 Romer Pl, Stone Mountain, GA 30083 — 3 BD / 2 BA, 1,382 SF — Sold for $301,500 on 10/31/2024 ($218/SF)

Average price per square foot: $179.7/SF

After Repair Value (ARV):