Sold
$140,000
4 beds
7479 Lake Drive, Lithia Springs, GA 30122
About this home
Calling all investors! Large brick ranch on full basement that has been converted into a 7 Unit rental income machine! 7 1br/1ba units with kitchens & living rooms. Close to I-20 and Arbor place mall. Rent rate has been $525 per unit for a total rental income of 3600+ monthly income. Seller is retiring and selling several properties and is looking at all offers.
BasementNo HOA
Listing remarks courtesy of MAXIMUM ONE REALTY GREATER ATL · Sold by BHGRE METRO BROKERS.
· FMLS #5305965$957/mo est.
with $14,000 down · $140,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
4
Beds
1980
Built
2 ac
Lot
None
HOA
Jun 17, 2014
Listed
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,050/morange $1,900 – $2,20017.6% gross yield
Based on 5 similar rentals within 2 mi (2 recently leased).
4 bd · 3 ba · 2,826 sqft · 1.1 mi away$2,590/mo3 bd · 3 ba · 1,946 sqft · 1.4 mi away · leased$2,200/mo3 bd · 2 ba · 1,075 sqft · 1.7 mi away$1,700/mo3 bd · 2 ba · 1,486 sqft · 1.8 mi away$1,850/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$998/mo
Principal & interest$817
Property taxes$140
Home insurance$41
Down payment$14,000 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Every list price is checked against our valuation model and local comps.
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A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Lithia SpringsElementary
Turner - DouglasMiddle
Lithia SpringsHigh
Location
40 for sale 10 pending 12 sold
Listed by
MAXIMUM ONE REALTY GREATER ATL · Sold by BHGRE METRO BROKERS
Source: FMLS · #5305965
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
