134 Newtown Road NE, Calhoun, GA 30701

$1,000,000

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List Price
$1,000,000
Status
ACTIVE
Days on Market
46
MLS#
10786879
Subtype
Residential Income
Year Built
1983
Lot Size
144,183
Acres
3.31
Subdivision
Georgia North

Property Description

Parcel ID: 050 038 | Lot Size: 3.3 Acres | Units: 6 (1 Duplex, 1 Quadplex) Key Highlights Fully Leased: 100% occupancy, providing stable cash flow Recent Upgrades: 5 of 6 units fully or partially renovated with LED lighting, LVP flooring, appliances, fresh paint, and essential repairs Building Improvements: All siding, windows, and doors replaced; duplex balconies rebuilt; roof repairs completed Zoning & Development: City allows up to 46 units; property may be annexed with minimal effort Utilities: Gas and electric metered separately; landlord pays water for quadplex; septic systems in place with dormant city sewer hookup for expansion. Investment Highlights Immediate, stabilized cash flow from fully leased units Low near-term capex with most upgrades completed Future expansion opportunity with up to 46 units allowed by city zoning Convenient utilities and infrastructure with potential city sewer connection

Additional Information

Heating
Central
Air Conditioning
Central Air
Stories
2 Stories
Levels
Two
Parking
Parking Pad
Elementary School
Calhoun City
High School
Calhoun

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Calculator source: Real Geeks

Listing courtesy of Kortava Financial Network, Inc..

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