14 days on rocket

Sale Pending

2835 3rd Ave SW, Atlanta, GA, 30315

$525,000

Home List Price

$6,234*

Closing Credit

0 Baths
House
Schools Nearby

Location

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2835 3rd Ave SW, Atlanta$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

ParkingOver 1 Space per Unit
Year Built2005
HeatingCentral, Natural Gas
CoolingElectric
MLS #10290141
Lot Size0.33 Acres
StatusSale Pending
(Under Contract)

About 2835 3rd Ave SW

New hot investment listing in Atlanta!!! I have an exceptional opportunity for investors looking to enhance their portfolios with a high-yield property. This property is strategically located only 8 minutes from Atlanta Airport and close to the Porsche Experience Center, Lakewood Amphitheatre, and Downtown Atlanta, making it a highly desirable area for renters or short-term guests. This renovated duplex includes two units, each with 3 bedrooms and 2 bathrooms. The proximity to major attractions and essentials contributes to its appeal. Both units are currently occupied by tenants who each pay $2,600, offering a steady cash flow. The duplex was initially utilized as an Airbnb, indicating its versatility for either long-term leasing or short-term hosting. **Investment Highlights**: Sold Partially furnished, allowing for immediate rental upon purchase, with the flexibility of continuing with the existing tenants or transitioning to new ones. The fact that it's being marketed as the "best income producing listing in Atlanta" suggests strong rental demand and profitability. Interested parties must contact the agent to arrange a showing, providing at least a two-hour notice. Initial viewings are restricted to the common areas until a contract is accepted, after which more thorough inspections of the living spaces can be conducted. Potential buyers are advised not to disturb the current tenants, respecting their privacy and comfort. Overall, this property seems ideally suited for investors focused on immediate cash flow and long-term value in a vibrant and growing part of Atlanta.

Property Details

Property Features

Property Information:

  • Year Built: 2005

Listing Office:

  • Office Name: Massiah Real Estate Group
  • Listing Agent: Aleia Kadar

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Over 1 Space per Unit

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Crawford W. Long Middle School, Public District Grades 6-8
  • Emma Hutchinson Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take I-75 SOUTH TO CLEVELAND AVE TURN RIGHT ONTO CLEVELAND AVE. TURN LEFT ONTO THIRD AVENUE

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000

Tax Information:

  • Annual Amount: $2,984
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

Med. Sold Price

$420.1K

Med. Price/SqFt

$253

Avg. Days On Market

35

# of Sold Homes

1294

2835 3rd Ave SW vs Atlanta

14 DAYS ON ROCKET

-21 Days

$525,000

+$104.8K More

KEY TAKEAWAY

This property is $104.8K more than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10290141

Listing Office:

  • Office Name: Massiah Real Estate Group
  • Listing Agent: Aleia Kadar

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2024, 3:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 01, 2011Home Sold
$18,800
Mar 21, 2007Home Sold
$355,000
Jun 03, 2004Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,984$72,080
2019$2,315$56,360
2017$643$14,880

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1482663
3
/10
  • Emma Hutchinson Elementary School

  • 650 Cleveland Ave SW

  • 0.42 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1482664
3
/10
  • Crawford W. Long Middle School

  • 3200 Latona Dr SW

  • 0.89 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,648. Most Atlanta, GA residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2835 3rd Ave SW

What is the listing price of this property?

The listing price of 2835 3rd Ave SW property is $525,000.

What type of property is this?

The property 2835 3rd Ave SW is a house located in Atlanta, Georgia, 30315.

Is this property for sale now?

Sale Pending: 2835 3rd Ave SW is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 2835 3rd Ave SW are:
Emma Hutchinson Elementary School: GreatSchools Rating 3/10
Crawford W. Long Middle School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,984 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 1, 2011 for $18,800. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2835 3rd Ave SW is 2005.

Rocket HomesGeorgiaFulton CountyAtlanta303152835 3rd Ave SW

This home is located at 2835 3rd Ave SW in Atlanta, GA and zip code 30315 in the Southwestern Atlanta neighborhood. This home, which was built in 2005, sits on a 0.33 acre lot. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $525,000.

In April 2024 more than 335 listings in Atlanta, GA were sold above the asking price. During the same period more than 294 listings were sold at asking price, while more than 601 were sold below. The number of homes for sale in Atlanta, GA increased by 16.3% between March 2024 and April 2024. While the average time on the market in April 2024 was 35 days, the median list price was $420,124.

From Rocket Homes Real Estate and based on county public records data.

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