Active$199,000
2 bd2 ba1,282 SFSingle-family home
505 E 3rd Street NE
Rome, GA 30161 · Burlington · 158 days listed
FMLS #7775319 · Listing Provided By Keller Williams Realty Partners · 678-494-0644
Active20 days listed
2 W Linden Street W, Rome, GA 30161
- 3bd
- 1ba
- 902SF
- 0.26ac lot
FMLS #7851087 · Listing Provided By Keller Williams Realty Northwest, LLC. · 706-235-1515 · Listing agent Dale Willerson
About this home
CHARMING, UPDATED RANCH JUST MINUTES FROM DOWNTOWN ROME! Welcome home to this beautifully refreshed 3-bedroom, 1-bath ranch offering the perfect combination of charm, comfort, and convenience! Enjoy peace of mind with numerous recent improvements, including a new roof, new electrical, new HVAC system, fresh interior and exterior paint, new Hot Water Heater and new gutters. The inviting covered front porch adds curb appeal and provides the perfect spot to relax and unwind. Step outside to enjoy a private backyard with deck and room for outdoor entertaining, gardening, or simply enjoying a little peace and quiet. An additional outbuilding offers convenient storage or space for hobbies. Ideally located just minutes from downtown Rome, with easy access to shopping, dining, and entertainment. Move-in ready and full of charm, this home is one you won't want to miss!
How this list price compares in Rome
- List price is 33% below the Rome median list price of $299,200 (354 homes).
- Compared with 342 single-family homes in Rome: 34% below the median of $299,945.
- List price per square foot is 31% above the Rome median of $168/SF.
- All 354 homes for sale in Rome, GA.
- 423 homes for sale in Floyd County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active
- Bedrooms
- 3
- Full baths
- 1
- Living area
- 902 SF
- Lot size
- 0.26 acres
- Year built
- 1958
- Levels
- One
- Main-level bedrooms
- 3
- Parking
- Driveway, Level Driveway
- Style
- Ranch
- Construction
- Wood Siding
- Roof
- Composition
- Flooring
- Carpet, Vinyl
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Appliances
- Electric Range
- Lot
- Cul-De-Sac, Level
- HOA
- No
- Annual tax
- $1,470 (2024)
- County
- Floyd
Assigned schools
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $199,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,552/mo
- Principal and interest
- $1,230
- Property tax
- $123
- Home insurance
- $125
- Mortgage insurance
- $75
- HOA dues
- $0
- Loan amount
- $179,100
- Cash down
- $19,900
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- apartment buildings for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- Georgia multifamily investment properties for saleDuplexes to large complexes, with screening cap rates on each building.
- churches for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- apartment buildings for sale in RomeApartment buildings for sale in Rome, GA.
- apartment buildings for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
Investor research and tools
- cap rates for apartment buildings in AtlantaMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- net operating income explainedHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR loans for apartment buildingsDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- how to use gross rent multiplierGross rent multiplier on apartment buildings: the formula, Georgia asking GRMs, and when GRM misleads.
- cap rate and NOI calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- DSCR calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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