Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,725,000
-- Bed
- -- Bath
--sqft
432 4Th Ave, Dalton, GA 30721
$1,725,000
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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 strong cash flow with current NOI of $128K. ...
Continue ReadingProperty 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
7704189
MLS Status
Active
Days on Market
19
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