$1,725,000

Residential Income In Dalton

  • 34,413 Sqft lot
  • Updated: August 31
  • Source:
    First Multiple Listing Service (FMLS)  MLS#7704189

About the Property

Outstanding Investment Opportunity – 12-Unit Multifamily Key Highlights: • 100% occupancy – all units leased at $1,150/month, with increases to $1,250/month in late 2025. • NOI: $128,000 • Cap Rate: 7% • Management Fee: 5% • Fully renovated in 2024 – new roof,HVAC, interiors, and exterior improvements. • Lot size: 0.9 acres – room for laundry facility or self-storage units. • Tenants pay electrici
Outstanding Investment Opportunity – 12-Unit Multifamily Key Highlights: • 100% occupancy – all units leased at $1,150/month, with increases to $1,250/month in late 2025. • NOI: $128,000 • Cap Rate: 7% • Management Fee: 5% • Fully renovated in 2024 – new roof,HVAC, interiors, and exterior improvements. • Lot size: 0.9 acres – room for laundry facility or self-storage units. • Tenants pay electricity and gas; owner pays water (~$500/month). • All units have washer/dryer hookups and individual metering. Financial Summary: Scenario Current Gross Income $165,600 Pro Forma -$180,000 NOI $155,000 Value @ 7% Cap-$2.214,286 • Immediate strong cash flow with current NOI of $128K. • Built-in appreciation of ~$385K from scheduled rent increases. • Low maintenance risk due to complete recent renovation. • Additional income potential from lot development.
  • Property type

    Other

  • Year built

    1999

Features

Explore the Area

432 4th Avenue, Dalton, Georgia, United States View on Google Maps
Price per sqft
Low
High

View 21 more listings in Dalton

Chapman Hall Realty - Atlanta

Joined 1 year ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Chapman Hall Realty - Atlanta
Georgia, United States
View agency profile
13
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Chapman Hall Realty - Atlanta
Atlanta, Georgia, United States
View agency profile
Last updated
August 31
First listed
Jan 15
Listing reference
7704189
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 7704189, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with