3 Orlystus Drive SW, Rome, GA 30161

$675,000

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List Price
$675,000
Status
ACTIVE
Days on Market
75
MLS#
10766886
Subtype
Residential Income
Year Built
1970
Lot Size
43,560
Acres
1
Subdivision
Pennington Survey Addn

Property Description

Value-add 10-unit multifamily investment opportunity in Rome, GA with strong upside through renovation and lease-up. Property consists primarily of 1BR/1BA units and offers significant repositioning potential in a growing rental market. Property is partially occupied at the time of listing, with remaining units vacant or in need of renovation. This is a classic value-add opportunity for experienced investors seeking to increase income through improvements, lease-up, and operational optimization. Property requires renovation and is best suited for investors, operators, or contractors familiar with multifamily repositioning projects. Sold strictly as-is, where-is with no seller repairs or credits. Buyer to conduct full due diligence regarding condition, occupancy, zoning, permits, and financial performance. Seller makes no warranties regarding condition or future income. Property is NOT located within a FEMA Special Flood Hazard Area (SFHA) according to available public records. Seller financing may be available for qualified buyers. Property offers strong repositioning potential in an area with increasing rental demand and convenient access to downtown Rome, shopping, employment, and major corridors. Several units currently occupied, providing immediate income while renovations and improvements are completed. Seller financing available for qualified buyers, creating a rare opportunity to acquire a multifamily asset with flexible terms and fast closing potential. Ideal for investors seeking a value-add project without traditional bank delays. Property sold as-is. Buyer to verify all information, rents, measurements, zoning, condition, and future use potential during due diligence.

Additional Information

Heating
Central, Other
Air Conditioning
Central Air, Other
Stories
1 Story
Levels
One
Parking
Off Street
Elementary School
Anna K Davie
High School
Rome

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Calculator source: Real Geeks

Listing courtesy of Carnegie Cap.

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