Investment Opportunity in Dalton GA

Multi-Family for Sale
Catylist Listing ID: 30048448
Number of Units: 3 Units
Building Size (RSF): 1,580 SF
Gross Building Area: See Agent
Gross Land Area: 9.50 Acres
Sale Price: $120,000
Unit Price: $40,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/7/2018

Overview / Comments

PRIVATE - PARTIALLY WOODED
9.5 Acres off Tunnel Hill Varnell Road in Dalton, GA. Property contains 3 rental units. Unit 1 and 2 are 2 bedroom, 1 bath homes. Unit 3 is a trailer pad. 2 Homes are currently on spring water, and 1 is on public water. A total of 6 septic tanks on the property.
The property is perfect for a residential development, the county will require a public road to be added for development purposes.
Build your dream home - while you earn rental income.

Annual Income for 2 houses and one lot is $12,996.

Owner pays real estate taxes. ($1,527.98 - 2017 taxes)

Whitfield County will not permit additional mobile homes on this property.

Directions: 175 S from Chattanooga, Exit 341, Tunell Hill/Varnell, left onto 201, property on the left approximately 3.5 to 4 miles

Additional Details

Nearest MSA: Dalton
County: Whitfield
Taxing Authority: Whitfield County
Tax ID/APN: 11-244-02-000
Zoning: R-5
Highway Access: I 75
Site Description: Some level, wooded
Area Description: Residential, Mobile Homes, light commercial
Total Number of Buildings: 2
Land Ownership: Owner

Demographic Statistics

Proximity: 5 miles
Total Population: 2,333
Median Age: 34.31
Households: 480

Contact

Photograph of Listing Agent

Judy Webster

Keller Williams Realty Greater Chattanooga REALTORS® Member
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