x
Showing 1 of 0
X
Save

2920 Parc Lorraine
Lithonia GA 30038 US

$125,000

Active Listing ID 10825554
bed icon
3 bed
bath icon
2.00 Bath (2 Full)
lot icon
Lot: 0.50 Acres
home icon
Condominium

$125,000

Active Listing ID 10825554
Save

2920 Parc Lorraine 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.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.50 Acres
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 2
  • Cooling System: Central Air
  • Floor Covering: Laminate
  • Heating Fuels: Central
  • Additional Features
  • Fireplace
  • Patio

School Information

  • School
  • Flat Rock(Elementary)
  • Lithonia(MiddleSchool)
  • Lithonia(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 125000
  • unparsedaddress: 2920 Parc Lorraine
  • postalcity: Lithonia
  • stateorprovince: GA
  • country: US
  • postalcode: 30038
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.5
  • lotsizeunits: Acres
  • lotsizearea: 0.5
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.700257
  • longitude: -84.147755
  • listagentfullname: Marcia Wright
  • listagentemail: marcia@luxuryofthesouthrealty.com
  • listagentkey: 3yd-GAMLS-WRIGHTMARCIA
  • listagentmlsid: WRIGHTMARCIA
  • listagentpreferredphone: 4045809931
  • listagentofficephone: 8889599461
  • listofficekey: 3yd-GAMLS-EXPR01
  • listofficemlsid: EXPR01
  • disclaimer: Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GAMLS
  • yearbuilt: 1974
  • listingcontractdate: 2026-08-11
  • countyorparish: DeKalb
  • parcelnumber: 1607408014
  • elementaryschool: Flat Rock
  • highschool: Lithonia
  • appliances: Dishwasher, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Brick
  • flooring: Laminate
  • heating: Central
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 2
  • parkingfeatures: Off Street
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • rooms: Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
  • utilities: Cable Available
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.14776, 33.700256
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"marcia@luxuryofthesouthrealty.com", "ListBrokerageCity":"Atlanta", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@ianmarshall.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(770) 361-7068", "ListBrokeragePostalCode":"30338", "ListBrokerageStateOrProvince":"GA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1155 mt vernon hwy suite 800", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1372 Peachtree St NE ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"EXPR01", "ListOfficeCity":"Atlanta", "ListOfficeCountry":"US", "ListOfficeEmail":"ga.broker@exprealty.net", "ListOfficePostalCode":"30309", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"CONDOS - Other - Lithonia, GA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2920-Parc-Lorraine_Lithonia_GA_30038_M54692-86137?f=listhub&s=GAMLS&m=10825554&c=rexren", "MLSModificationTimestamp":"2026-08-13 20:29:17", "Neighborhoods":[{"Description":null, "Name":"Parc Lorraine"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2170, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/13/2026 8:42:55 PM GMT
Source Updated Date: 8/15/2026 6:52:03 PM GMT

Courtesy of: Marcia Wright, eXp Realty, marcia@luxuryofthesouthrealty.com

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.