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1151 Rankin St Unit 16A, Stone Mountain, GA, 30083

$119,000

Home List Price

$1,413*

Closing Credit

0 Baths
House

Location

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1151 Rankin St Unit 16A, Stone Mountain$119,000

Buyer Closing Credits

$1,413*

1.25% Loan Amount

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Property Highlights

ParkingAssigned
Year Built1971
HeatingCentral, Forced Air
CoolingCentral Air
MLS #10392499
Lot Size0.01 Acres
StatusActive

About 1151 Rankin St Unit 16A

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!

Property Details

Property Features

Property Information:

  • Year Built: 1971

Listing Office:

  • Office Name: Keller Williams West Atlanta
  • Listing Agent: Charlene Collier

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: HWY 78 TO STONE MOUNTAIN VILLAGE TO LEFT EAST MOUNTAIN TO LEFT RANKIN STREET

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,000
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Housing Market Comparison

See how this home compares to others in Stone Mountain, GA.

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Stone Mountain, GA

City

Med. Sold Price

$291.9K

Med. Price/SqFt

$153

Avg. Days On Market

52

# of Sold Homes

129

1151 Rankin St Unit 16A vs Stone Mountain

43 DAYS ON ROCKET

-9 Days

$119,000

-$172.9K Less

KEY TAKEAWAY

This property is $172.9K less than the Median Sold Price in Stone Mountain, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10392499

Listing Office:

  • Office Name: Keller Williams West Atlanta
  • Listing Agent: Charlene Collier

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: 11/21/2024, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$661

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$423

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NMLS#3030

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.

Nearby Schools

school-card-donut-389313
3
/10

  • Stone Mountain Elementary School

  • 6720 James B Rivers Dr

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-389314
4
/10

  • Stone Mill Elementary School

  • 4900 Sheila Ln

  • 1.38 miles

  • Public District Grades PK-5

school-card-donut-389315
6
/10

  • Smoke Rise Elementary School

  • 1991 Silver Hill Rd

  • 1.77 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,143. The most common annual income of people living in Stone Mountain, GA is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1151 Rankin St Unit 16A

What is the listing price of this property?

The listing price of 1151 Rankin St Unit 16A property is $119,000.

What type of property is this?

The property 1151 Rankin St Unit 16A is a house located in Stone Mountain, Georgia, 30083.

Is this property for sale now?

Active Listing: 1151 Rankin St Unit 16A is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 1151 Rankin St Unit 16A is 1971.

Rocket Homes›Georgia›DeKalb County›Stone Mountain›30083›1151 Rankin St Unit 16A

This home is located at 1151 Rankin St Unit 16A in Stone Mountain, GA and zip code 30083. This home, which was built in 1971, sits on a 0.01 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $119,000.

In October 2024, from all listings sold in Stone Mountain, GA there were more than 24 sold above asking price, over 63 sold below and more than 29 were sold right at the asked price. In October 2024 in Stone Mountain, GA there were 10.6% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $291,918, while the average time on the real estate market was 52 days.

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

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