Investment opportunity! Totally remodeled inside. Newly painted outside.
All 12 units are 100% occupied - currently renting for $1100 going to 1200 this year.
Rents will be increasing on each unit to $1,150 starting April 1st, 2025.
All units are 2 BR, 1 BA. New roof and sewer.
Taxes are $6,000. Insurance is $6000. Water is $5000. Mgt fee is 5%. tenants pay utility charges. Washer dryer hookups.
There is space to build self-storage units or laundry area. .9 acre.
cap rate of 7%
Property Features
Waterfront and Water Access
None
Cooling Information
Central Air
Heating Information
Baseboard
Water Features
Public
Utilities
None
Parking
Parking Lot
School Information
School Information for 432 4th Avenue, Dalton, GA 30721
Elementary School
Whitfield - Other
Middle School
Whitfield - Other
High School
Whitfield - Other
Listing Courtesy: Keller Williams North Atlanta - 770-663-7291