8 Beds
4 Baths
2,968 SqFt
8 Beds
4 Baths
2,968 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,968 sqft
Price per Sqft $126
MLS Listing ID 1537441
Bedrooms 8
Year Built 1980
Lot Size 1.120 Acres
Acres 1.12
Lot Dimensions 1x1
Property Sub-Type Quadruplex
Source Greater Chattanooga REALTORS®
Property Description
Constructed with durable concrete block construction and featuring a recently installed metal roof, the property consists of four 2-bedroom, 1-bathroom units. One unit is currently leased at $1,200 per month, providing immediate cash flow. A second unit has been updated and is ready for occupancy, while two additional units offer an opportunity for renovation and increased rental income.
The property has seen some recent updates and presents an excellent opportunity for investors seeking to improve occupancy and maximize returns. Whether expanding an existing portfolio or entering the multifamily market, this quadplex offers a solid foundation with significant value-add potential. An excellent opportunity to acquire a multifamily property with current income, renovation upside, and long-term investment potential. Judge approval required for acceptance of offer.
Location
State GA
County Whitfield
Area 1.12
Rooms
Basement None
Interior
Interior Features Eat-in Kitchen
Heating Central, Electric
Cooling Central Air
Equipment None
Fireplace No
Appliance Water Heater, Microwave, Free-Standing Range
Heat Source Central, Electric
Laundry Laundry Closet, Main Level
Exterior
Exterior Feature None
Parking Features Gravel, Off Street
Garage Description Gravel, Off Street
Community Features None
Utilities Available Electricity Connected, Water Connected
Amenities Available None
Roof Type Metal
Garage No
Building
Lot Description Gentle Sloping, Many Trees, Sloped Down
Faces I75 to Dalton to exit 336A Left on Cleveland HWY, Left on Waring Rd NW and unit on Left
Story One
Foundation Slab
Sewer Public Sewer
Water Public
Additional Building None
Structure Type Block
Schools
Elementary Schools Park Creek
Middle Schools Hammond Creek Middle
High Schools Dalton High
Others
HOA Fee Include None
Senior Community No
Tax ID 12-143-11-003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
Schools and Properties Nearby
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