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2840 Peachtree Rd NW Unit 306, Atlanta, GA, 30305

$190,000

Home List Price

$2,256*

Closing Credit

1 Bedroom
1 Full Bath
621 SqFt
$306/SqFt
Condo

Location

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2840 Peachtree Rd NW Unit 306, Atlanta$190,000

Buyer Closing Credits

$2,256*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Year Built1925
HeatingElectric
CoolingCentral Air
MLS #10391020
Lot Size0.01 Acres
StatusActive

About 2840 Peachtree Rd NW Unit 306

Located in the heart of Buckhead, 2840 Peachtree Rd NW #306 offers an unbeatable investment opportunity in one of Atlanta's most coveted neighborhoods. Currently rented for $1,500 per month, with a lease in place until June 1, 2025. Lease can be terminated early with 60 day notice to tenant if you're looking to move in yourself. For investors this property guarantees immediate cash flow for investors looking to expand their portfolio in a prime location. This 1-bedroom, 1-bathroom condo features a spacious, open-concept layout that maximizes comfort and functionality. The living area is filled with natural light and flows seamlessly into the dining and kitchen spaces, perfect for entertaining or enjoying a quiet evening at home. The kitchen is equipped with modern appliances, ample cabinetry, and a breakfast bar, offering both convenience and style. The bedroom is generously sized with ample closet space, and the bathroom includes a tub/shower combo for added comfort. Situated in a well-maintained building with amenities such as a fitness center, secured entry, and assigned parking, this condo provides convenience and luxury for tenants. The fantastic location on Peachtree Road offers easy access to shopping, dining, entertainment, and public transportation, making it highly desirable for renters who want to experience the best of Buckhead living. For investors, this property offers stable rental income with the $1,500 monthly rent locked in through June 2025. Its central location, combined with the building's amenities and the secure lease, makes this a solid and low-maintenance investment. Don't miss your chance to own a property in one of Atlanta's most dynamic neighborhoods!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1925
  • Living Area: 621 SqFt

Listing Office:

  • Office Name: Lokation Real Estate LLC
  • Listing Agent: Doris L. Armstrong

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range
  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Bookcases

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: south on Peachtree go passed Peach Shopping ctr. to Crestwood on the right. Use guest parking in rear

Price Information

Listing Price Info

Price Summary:

  • List Price: $190,000
  • Price Per SqFt: $306/SqFt
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Housing Market Comparison

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

Med. Sold Price

$421.8K

Med. Price/SqFt

$251

Avg. Days On Market

47

# of Sold Homes

939

2840 Peachtree Rd NW Unit 306 vs Atlanta

57 DAYS ON ROCKET

+10 Days

$190,000

-$231.8K Less

$306/SqFt

+$54 More

KEY TAKEAWAY

This property is $231.8K less than the Median Sold Price and $54/SqFt more than other homes in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10391020

Listing Office:

  • Office Name: Lokation Real Estate LLC
  • Listing Agent: Doris L. Armstrong

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: 12/3/2024, 2:20:53 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

$1,016

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

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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-3524996
6
/10
  • Garden Hills Elementary School

  • 285 Sheridan Dr NE

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-3524997
5
/10
  • E. Rivers Elementary School

  • 8 Peachtree Battle Ave NW

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-3524998
8
/10
  • Morris Brandon Elementary School

  • 2741 Howell Mill Rd NW

  • 1.79 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,833. The majority of Atlanta, GA residents have income less than $35k annually. Typical family type is 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 2840 Peachtree Rd NW Unit 306

What is the listing price of this property?

The listing price of 2840 Peachtree Rd NW Unit 306 property is $190,000.

What type of property is this?

The property 2840 Peachtree Rd NW Unit 306 is a condo located in Atlanta, Georgia, 30305.

Is this property for sale now?

Active Listing: 2840 Peachtree Rd NW Unit 306 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2840 Peachtree Rd NW Unit 306 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2840 Peachtree Rd NW Unit 306 is 621 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2840 Peachtree Rd NW Unit 306 is 1925.

Rocket HomesGeorgiaFulton CountyAtlanta303052840 Peachtree Rd NW Unit 306

This home is located at 2840 Peachtree Rd NW Unit 306 in Atlanta, GA and zip code 30305 in the Peachtree Heights West neighborhood. This 621 square foot home, which was built in 1925, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $190,000.

In November 2024, from all listings sold in Atlanta, GA there were more than 147 sold above asking price, over 559 sold below and more than 188 were sold right at the asked price. The number of homes for sale in Atlanta, GA increased by 5.4% between October 2024 and November 2024. In November 2024 median list price was $421,834 and the average listing age was 47 days.

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

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