$100,000
SOLD DEC 12, 2024

1151 Rankin #16a St Stone Mountain, GA 30083

-- Bed
-- Bath
-- Sq Ft
610 Sq Ft Lot

Recently Sold

23% Below List Price

60 Days on Market

About This Home

As of December 2024

Investor Opportunity! This fully renovated 2-bedroom, 1.5-bath townhome is ideally situated just steps from both Stone Mountain Park and Downtown Stone Mountain. Featuring brand new stainless steel appliances, stylish LVP flooring, and sleek quartz countertops, this move-in ready home offers modern living with minimal upkeep. This is one of two units for sale, which can be purchased separately or together, and both units are currently rented at $1,475/month and $1,550/month respectively, making this an ideal income-generating investment. Enjoy consistent cash flow in a growing area with high rental demand. With its prime location near local attractions and outdoor recreation, this property is perfect for long-term rental or short-term vacation rentals like Airbnb or Travel Nursing. Don't miss this high-demand opportunity in a rapidly growing area!
Prefer CASH BUYER

Last Agent to Sell the Property

Charlene Collier

Keller Williams Realty West Atlanta License #437716 Listed on: 10/06/2024

Keller Williams Realty West Atlanta

Last Buyer's Agent

Shaneka McAndrews

Keller Williams Realty Signature Partners License #422214

Keller Williams Realty Signature Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 610 Sq Ft Lot
  • Lot Dimensions are 25x26x25x26

Parking

  • Parking Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • City Views

Schools

  • Stone Mountain Elementary And Middle School
  • Stone Mountain High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Community Details

  • Property has a Home Owners Association
  • Stone Mountain West Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18 126 18 016

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1971
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • View: City
  • Pool Private: No

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Forced Air
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc
  • Subdivision Complex: Stone Mountain West Condo

Schools

  • Elementary School: Stone Mountain
  • Middle School: Stone Mountain
  • High School: Stone Mountain

Lot Info

  • Acres: 0.0140
  • Deed Book: 30561
  • Deed Page: 645
  • Lot Dimensions: 25x26x25x26
  • Parcel Number: 18 126 18 016
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 1

Tax Info

  • Taxes: 2840.00
  • Assessor Parcel Number: 18-126-18-016
  • Close Date: 2024-12-12
  • Tax Year: 2023

MLS Schools

  • Elementary School: Stone Mountain
  • High School: Stone Mountain
  • Middle School: Stone Mountain

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $100,000 -16.0% --
12/05/2024 12/05/24 Pending -- -- --
11/13/2024 11/13/24 Price Changed $119,000 -8.4% --
10/06/2024 10/06/24 For Sale $129,900 -- --
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7468941

First Multiple Listing Service (FMLS)