Do Real Estate on the Go!
- Overview
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- Property Details
- Location
Do Real Estate on the Go!
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$1,825,000
-- Bed
-- Bath
--sqft
432 4Th Ave, Dalton, GA 30721
$1,825,000
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Multi Family
Built in 1999
$-- HOA
34,412.4 sqft lot
--/sqft
Description
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 s...
- Houzeo last checked: 45 Minutes ago
- Listing updated: August 11, 2025 at 6:51 pm
- Listing Provided by: Lou Wieland (404) 441-0719 | Keller Williams North Atlanta (770) 663-7291
- Source: First Multiple Listing Service-GA | MLS#: 7487102
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1999
HOA Fees
-
Finished Area
- sqft
Lot Size
34,412.4 sqft lot
Basement Area
- sqft
MLS Name
First Multiple Listing Service
MLS Number
7487102
MLS Status
Active
Days on Market
387
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
