2920 Parc Lorraine, Lithonia, GA 30038
2920 Parc Lorraine, Lithonia, GA 30038
2920 Parc Lorraine, Lithonia, GA 30038
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
$125,000
Est. payment /mo
3 Beds
2 Baths
0.5 Acres Lot
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Key Details

Property Type Condo

Sub Type Condominium

Listing Status New

Purchase Type For Sale

Subdivision Parc Lorraine

MLS Listing ID 10825554

Style Brick 4 Side

Bedrooms 3

Full Baths 2

HOA Fees $3,900

HOA Y/N Yes

Year Built 1974

Annual Tax Amount $2,170

Tax Year 2025

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 21780

Property Sub-Type Condominium

Source Georgia MLS 2

Property Description

Investment opportunity alert - and this one checks every box! Welcome to 2920 Parc Lorraine in Lithonia Georgia - a fully renovated condominium that is already generating income from day one. This beautifully updated 3 bedroom 2 bathroom unit in the established Parc Lorraine community is a turnkey investment with a tenant already in place paying $1,750 per month - 100% covered by HUD. That is guaranteed government-backed rental income with zero vacancy headache for the new owner. The renovation has been completed - this is not a fixer. This is a move-in ready income-producing asset priced at just $120,000. At this price point the numbers speak for themselves. With $1,750 in monthly gross rent your cap rate is approximately 10.3% - the kind of return that institutional investors spend years chasing. Whether you are a seasoned investor looking to add a cash flowing asset to your portfolio or a first-time investor ready to get your foot in the door - this is the deal you have been waiting for. Priced to move. Income already in place. Government-backed rent. Do not wait on this one. Sold AS-IS. All documents uploaded to FMLS.

Location

State GA

County Dekalb

Rooms

Bedroom Description No

Basement None

Interior

Interior Features Other

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Number 1

Fireplace Yes

Appliance Dishwasher, Refrigerator

Laundry Other

Exterior

Parking Features Off Street

Garage Spaces 2.0

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description No Dock Or Boathouse

View Y/N Yes

View City

Roof Type Other

Total Parking Spaces 2

Garage No

Private Pool No

Building

Lot Description Other

Faces Use GPS

Sewer Public Sewer

Water Public

Architectural Style Brick 4 Side

Level or Stories One

Structure Type Brick

New Construction No

Schools

Elementary Schools Flat Rock

Middle Schools Lithonia

High Schools Lithonia

Others

HOA Fee Include Maintenance Grounds

Tax ID 1607408014

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Resale

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Georgia MLS - GAMLS
© 2026 Georgia Multiple Listing Service. All Rights Reserved.

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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2920 Parc Lorraine