1 month on rocket

671 Georgia Ave, Forest Park, GA, 30297

$550,000

Home List Price

$6,531*

Closing Credit

0 Baths
Multi

Location

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671 Georgia Ave, Forest Park$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway
Year Built1964
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontNone
ViewTrees/Woods, Other
MLS #7424449
Lot Size0.34 Acres
StatusActive

About 671 Georgia Ave

QUADPLEX IN FOREST PARK...Investor's Dream Opportunity!! 4 680 sq ft 1br/1ba units. Fantastic turn-key, currently occupied by family members and charging very low rent. Buyer can expect to receive at least $1,000 per month for each of the 4 1bd 1 ba units. Total income-producing quadruplex $4,000 per month can easily be increased to 5000 monthly after renovations. Tenants will move out once deal is reached. It is a highly desirable area—well-kept, four-sided brick. Units are turnkey and all-electric. Central HVAC. Each unit is about 680 sq ft. all are 1 bedroom and 1 bathroom. Grow your rental portfolio, stay in one unit, and let the mortgage get paid by the other units. FOREST PARK INVESTMENT. DON'T MISS OUT!! Please drive by the property; DO NOT disrupt tenants. NO FHA loans. Appointments for viewing will be made during due diligence. We are also selling another Quadplex in WEST END at 425 Holderness St SW, Atlanta, GA 30310

Property Details

Property Features

Property Information:

  • Year Built: 1964

Listing Office:

  • Office Name: Dalton Wade, Inc.
  • Listing Agent: Pratik Karan

Interior Features

Interior Information:

  • Flooring Type: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Trees/Woods, Other

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Forest Park High School, Public District Grades 9-12
  • Babb Middle School, Public District Grades 6-8
  • Fountain Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: NO Showing until DD

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

Tax Information:

  • Annual Amount: $1,726
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Forest Park, GA.

Med. Sold Price

$194.5K

Med. Price/SqFt

$142

Avg. Days On Market

36

# of Sold Homes

34

671 Georgia Ave vs Forest Park

49 DAYS ON ROCKET

+13 Days

$550,000

+$355.5K More

KEY TAKEAWAY

This property is $355.5K more than the Median Sold Price in Forest Park, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7424449

Listing Office:

  • Office Name: Dalton Wade, Inc.
  • Listing Agent: Pratik Karan

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 7:20:48 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

Dec 04, 2017Home Sold
$134,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,726$49,184
2019$1,740$48,720
2017$1,581$44,295

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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-1084340
2
/10
  • Fountain Elementary School

  • 5215 West St

  • 0.58 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1084341
4
/10
  • Babb Middle School

  • 5500 Reynolds Rd

  • 1.36 miles

  • Public District Grades 6-8

High School

school-card-donut-1084342
3
/10
  • Forest Park High School

  • 5452 Phillips Dr

  • 1.20 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,187. Most Forest Park, GA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesGeorgiaClayton CountyForest Park30297671 Georgia Ave

This home is located at 671 Georgia Ave in Forest Park, GA and zip code 30297. This home, which was built in 1964, sits on a 0.34 acre lot. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $550,000.

Over 9 listings were sold over their listed price in August 2024 in Forest Park, GA. In the same period over 15 listings were sold below the listed price and 4 listings were sold for the listed price. Between July 2024 and August 2024, Forest Park, GA real estate market has seen increase in the number of listings by 22.8%. While the average time on the market in August 2024 was 36 days, the median list price was $194,500.

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

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