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2920 Parc Lorraine Lithonia, GA $ 125,000
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$ 125,000 Get more info
2920 Parc Lorraine
$ 125,000
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2920 Parc Lorraine

Lithonia, GA, 30038
$ 125,000
Bedrooms3 Baths2.0 Sq 1,628

Monthly Estimate*

$ 789

2920 Parc Lorraine, Lithonia, GA 30038 - Image 1
2920 Parc Lorraine, Lithonia, GA 30038 - Image 2
2920 Parc Lorraine, Lithonia, GA 30038 - Image 3
2920 Parc Lorraine, Lithonia, GA 30038 - Image 4
2920 Parc Lorraine, Lithonia, GA 30038 - Image 5
2920 Parc Lorraine, Lithonia, GA 30038 - Image 6
2920 Parc Lorraine, Lithonia, GA 30038 - Image 7
2920 Parc Lorraine, Lithonia, GA 30038 - Image 8

Condo for sale in Lithonia, GA

for $125,000 with 3 bedrooms and 2 full baths. This 1,628 square foot condo was built in 1974 on a lot size of 0.5.

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.

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Condo Active

Price

$ 125,000

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 2,170

Style

Garden (1 Level)

Lot Size

0.5

Year Built

1974

Town/City

Lithonia

County/Region

Dekalb

MLS | Web ID

7821141
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Water Available
Roof Shingle
Appliances Dishwasher Electric Cooktop Electric Oven Refrigerator
HOA Fee 325
Association Fee Includes Maintenance Grounds
Patio/Porch Features Patio
Architectural Style Garden (1 Level)
Pool Features None
Security Features None
Construction Materials Brick
Year Built 1974
Electric 220 Volts
View City
Levels One
Property Subtype Condominium
Tax Year 2025
Ownership Condominium
Parcel Number 16 074 08 014
Waterfront Features None
Community Features None
Accessibility None
HOA Fee 2 325
Assoc Fee Paid Per Monthly
County Dekalb - GA
Property Type Residential
HOA true
Energy Efficient None
Subdivision Name Parc Lorraine
Green Energy Generation None
Other Structures None
Full Baths 2
Status Active
Directions Use GPS
High School Lithonia
City Lithonia
Body of Water None
Spa Features None
HOA Fee 2 Frequency Monthly
Elementary School Flat Rock
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 2170
Home Warranty Y/N false
Middle/Junior High School Lithonia
Property Condition Resale
Standard Status Active
Freehold IDX
Corporate Owner Investor Owned Sold As/Is
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Interior
Interior Amenities Other
Basement None
Flooring Laminate
Total Fireplaces 1
Fireplace Features Electric
Common Walls 2+ Common Walls
Window Features Wood Frames
Half Baths 0
Laundry Features Main Level
Total Bedrooms 3
Room Type Other
Main Level Bedrooms 3
Main Level Bathrooms 2
Kitchen Features Other
Total Baths 2
Primary Bathroom Features None
Dining Room Features Other
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Exterior
Exterior Amenities None
Fencing None
Parking Features Parking Lot
Lot Features Other
Water Source Public
Total Parking 2
Foundation Details See Remarks
Building Area Total 1628
Lot Dimensions 58 x 38
Lot Size Acres 0.5
Road Surface Type Paved
Lot Size Source See Remarks
Road Frontage Type City Street
Other Equipment None
Horse Amenities None
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* Excluded Features
List By
MARCIA WRIGHT

Listing Agent

Exp Realty, Llc.

Broker

marcia@luxuryofthesouthrealty.com

Email

Affordability Calculator

$970
Per Month
81%
19%
0%
Monthly Principal & Interest
$789
Monthly Property Taxes
$181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4133241 Elementary School
4717459 Middle School
Lithonia High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/13/2026$125,000 Listed Price

Map

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2920 Parc Lorraine, Lithonia, GA, 30038 is a Condo for sale at $125,000 with 1,628 sqft and a lot size of 0.5. 2920 Parc Lorraine has 3 bedrooms, 2.0 baths, and was built in 1974. The property's zip code is 30038 which is in Lithonia, GA

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