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2565 Terrace Trl, Decatur, GA 30035

MLS Number: 7578985, 10521565
Print Flyer $195,000.00 List Price

Listing Description

πŸ’₯ Cash-Flowing Decatur Rental | Turnkey & Priced to Move πŸ’₯ Perfect for Investors, First-Time Buyers, or Long-Term Owners πŸ“ 2565 Terrace Trl, Decatur, GA 30035 🏑 Property Overview: 3 Beds | 3 Baths | 1,865 SqFt Located in an HOA-maintained community, this beautifully renovated home offers modern upgrades, stable rental income, and long-term equity growth. Whether you’re investing or purchasing your first property, this opportunity is ready to perform. ✨ Key Features: Vaulted Ceilings – Open, airy living space with natural light Fireplace – Cozy detail in living areas 24x24 Porcelain Tile Flooring – Stylish and low-maintenance Updated Kitchen – Shaker cabinets, Laminate counter-tops, and stainless steel appliances Fresh Interior Paint – Move-in ready look and feel Private Balcony – Overlooks mature trees and green space Energy-Efficient Electric HVAC System LED Lighting throughout Designated Parking Pet-Friendly Community with Onsite Green Space (buyer to verify) πŸ’° Rental Income Highlights: Tenant in Place Through Nov 2025 Market Rent Comps: $2,000+/month Stable πŸ“ Location Advantages: Quick access to I-285 & I-20 Close to shopping, dining, schools, and the YMCA Conveniently positioned in a growing rental corridor πŸ“ˆ Investment Benefits: Priced well below market comps (ARV: $230K–$287K) Renovated = Low Maintenance Cash flow from day one Ideal for Buy & Hold, BRRRR, or Owner-Occupant πŸ”‘ Deal Terms (Important Disclosures): Assignable Contract – Buyer will receive rights to purchase via assignment Earnest Money Deposit: $10,000 Buyer Pays All Closing Costs Close Quickly – Title ready Showings are avalible – Please Do Not Disturb Occupants Seller holds equitable interest and is assigning rights under contract πŸ’¬ β€œStrong cash flow, recent upgrades, and priced right for today’s market – this is a rare opportunity in Decatur.”

Location

Street #
2565
Dir Prefix
Street Name
Terrace
Dir Suffix
Unit Number
County
Dekalb
City
Decatur
Zip Code
30035
Subdivision/Comples
TERRACES
Elementary School
Fairington Elementary School
Middle School
Miller Grove Middle School​
High School
Miller Grove High School

Listing

Tax ID
16 008 05 007
PPIN or Alt APN
Legal Description
CITY/MUNI/TWP:UNINCORPORATED
Square Footage
1865
SqFt Source
Public Records
Year Built
1973
Above Grade Finished
Below Grade Finished
Below Grade Unfinished
Land Lease
No
Block
16th District, Land Lot 8 (DeKalb County)
Landlot
Block 1, Lot 7
District
16th District
Section/GMD
Lot
Terrace (62-unit condominium complex)
Plat Book
.
Plat Page
.
Deed Book
Deed Page
Acres
0.02
Acreage Source
Public Record
Lot Size Dimensions
27β€―ft (front) Γ— 50β€―ft (depth)​
Special List Conditions
None
Special Circumstances (Max 4)
Investor Owned
Property Condition
Resale
# Units
1
FHA Approved
Yes

Financial

Taxes
2744
Tax Year
2024
Master Association Fee
.
Master Association Fee Frequency
Swim/Tennis Fee
Swim/Tennis Fee Due
Initation Fee
Association
Yes
Association Fee
120
Association Fee Frequency
Monthly
Assocation Fee Includes (Max 10)
Trash, Water
Proposed Financing (Max 5)
Cash, Conventional, Other
Home Warranty
No
Assesment Due/Contemplated
No
HOA Rent Restriction
No
HOA Contact Phone

Rooms

Upper Bedrooms
2
Upper Full Bath
1
Upper Half Bath
0
Main Bedrooms
1
Main Full Bath
1
Main Half Bath
1
Lower Bedroom
.
Lower Full Bath
.
Lower Half Bath
.
Bedroom Features (Max 3)
None
Master Bathroom Features (Max 4)
Double Vanity, Tub/Shower Combo
Kitchen Features (Max 10)
Solid Surface Counters
Dinning Room Features (Max 2)
Separate Dinning Room
Laundry Features (Max 4)
Laundry Room
Additional Rooms (Max 9)
Living Room

Interior

Basement
None
Interior Features (Max 12)
Cathedral Ceiling(s), Walk-In Closet(s)
Appliances (Max 12)
Dishwasher, Electric Range, Microwave, Refrigerator
Acessibility Features 10 Max
None
Heating (Max 4)
Electric
Cooling (Max 5)
Central Air
Utilities (Max 7)
Cable Available, Electrictiy Available, Natural Gas Available, Sewer Available, Water Available
Electric (Max 3)
110 Volts
Number of Fireplaces
1
Fireplace Features (Max 6)
Living Room
Security Features (Max 8)
Fire Alarm
Other Equipment (Max 5)
None
Flooring (Max 4)
Ceramic Tile
Window Features (Max 3)
None
Common Walls
No Common Walls
Spa Features
None

Exterior

Arcitectural Style (Max 3)
A-Frame
Body Type (Mobile/Modualr Only)
Levels/Stories (Max 1)
Multi/Split
Construction Materials (Max 3)
Frame, Wood Siding
Foundation Details (Max 3)
Concrete Perimeter
Roof Type (Max 4)
Composition
Lot Features (Max 6)
Front Yard
Fencing (Max 5)
None
Exterior Features (Max 5)
Balcony
Home Builder
Pool Features (Max 6)
None
Patio and Porch Features (Max 7)
Parking Features (Max 7)
Assigned
# Carport Spaces
1
# Garage Spaces
# Parking Spaces
Water Source (1 only)
Public
Sewer
Public Sewer
Road Frontage Type (Max 2)
None
Road Surface Type (Max 3)
Asphalt
Other Structures (Max 7)
None
Horse Amenities (Max 5)
None

Setting

Lake Name
Waterfront Footage
Waterfront Features (Max 4)
Waterfront Amenities (Max 5)
View (Max 3)
Trees/Woods
Community Features (Max 12)
Dog Park

Green

Green Building Certification (Max 4)
HERS Indes Rating
Green Energy Efficient (Max 6)
None
Green Energy Generation (Max 3)
None

Additional Information

Occupant Type
Tenant
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