Lithonia · 30038 · Dekalb - GA County
2920 Parc Lorraine
Active
Condominium
Parc Lorraine
1 / 8
About this property
A 3-bedroom, 2-bath condominium in Lithonia.
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.
3Beds
2Baths
1,628Sq Ft
0.5 acLot
Property details
Property
Property TypeResidential
Sub TypeCondominium
StatusActive
Year Built1974
Lot Size0.5 acres
CountyDekalb - GA · GA
Annual Tax$2,170
HOA Fee$325/Monthly
Interior
Bedrooms3
Bathrooms2 (2 Full)
Square Feet1,628
SubdivisionParc Lorraine
ZIP30038
Days on Market2
Schools
ElementaryFlat Rock
MiddleLithonia
High SchoolLithonia
Contact
Vesta CG(678) 249-0839
Emailvesta@vcgrealty.com
LicenseKW Intown Atlanta
Listed by
EXP Realty, LLC.
· MARCIA WRIGHT
Where it sits
Mortgage estimate
An estimate of your monthly payment, including principal, interest, taxes, and insurance. Property taxes for this listing are $2,170 annually.
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Frequently asked questions
How much does 2920 Parc Lorraine cost?
2920 Parc Lorraine is listed at $125,000 ($77/sqft).
How many bedrooms and bathrooms does this property have?
This property has 3 bedrooms and 2 bathrooms with 1,628 square feet of living space.
When was it built?
This property was built in 1974.
What schools serve this address?
Elementary: Flat Rock. Middle: Lithonia. High: Lithonia.
What is the lot size?
This property sits on 0.5 acres.
What are the property taxes?
Annual property taxes are approximately $2,170.
What are the HOA fees?
The HOA fee is $325 Monthly.
How can I schedule a tour?
Use the form on this page, or contact Vesta Consulting Group at (678) 249-0839 or vesta@vcgrealty.com.
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Walk this property with Valerie
Want to walk this property?
If 2920 Parc Lorraine feels like the one — or you want to compare it against two or three other Lithonia options — the next step is a private tour with Valerie. We'll meet you there.
Valerie Gonzalez · Buyer Specialist · Vesta Consulting Group
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MLS# 7821141 · Last updated 2026-08-13 21:46:15
IDX provided by Vesta Consulting Group • (678) 249-0839 • vesta@vcgrealty.com
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Contact Agent
Vesta Consulting Group
Keller Williams Realty Intown Atlanta
Call(678) 249-0839 Text(678) 249-0839 Emailvesta@vcgrealty.com