Report Listing

Home For Sale

Picture of Home For Sale in Chatsworth, Georgia, United States

$925,000

164-190 Poteet Road
Chatsworth, Georgia, United States

840 sqft

Listed By: Homes & Land Magazine

Listed On: 12/12/2024

Listing ID: GL12007369 View More Details

Description

Incredible Multifamily Portfolio with Development Opportunity on Poteet Road Discover a unique chance to own a bundled investment property portfolio with immense earning potential. Nestled at the foot of the picturesque Grassy Mountain, this 2.75-acre estate boasts three income-generating properties with nearly 200 feet of serene creek frontage. Plenty of acreage to develop additional multifamily, short-term or long-term rentals. Here#039;s what#039;s included: 164 Poteet (Single-Family Home) bull; 2 Bed, 2 Bath with an in-ground swimming pool bull; Currently rented for $1,800/month bull; Spacious acreage with potential for additional rentals 190 Poteet (Duplex) Two units, each 2 Bed, 1 Bath (840 sq. ft. per unit) bull; Current rents are $500 and $800/month (below market) 168 Poteet (Triplex - New Construction) bull; New construction with three units: bull; 2 units are 2 Bed, 1.5 Bath bull; 1 unit is 2 Bed, 1 Bath bull; Rented for $1,150, $1,250, and $1,300/month Financial Highlights: bull; Gross Yearly Rent: $81,600 bull; Upside Potential: Opportunity to bring rents to market rate and develop the extra acreage for short- or long-term rentals. Details: bull; Tenant-occupied: Showings available after an accepted offer. bull; All three properties are sold as a package and will not be separated. Don#039;t miss out on this rare investment opportunity with multiple income streams and significant growth potential. All offers will be reviewed!
Source: The World Property Journal

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