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108 Grant Street, Tallapoosa, GA 30176

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For Sale
Sale Pending

$550,000

14 beds • 6 baths • 6,500 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $84.62
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

DO NOT DISTURB TENANTS! Excellent investment opportunity in the city limits of Tallapoosa. This income-producing property includes five mobile homes, one single-family home, and three additional vacant pads, all serviced by city water and city sewer. The property generates strong, consistent income with a current net operating income of approximately $60,000 per year, after accounting for taxes, insurance, water, trash service, landscaping, and management. All units have been updated and turned, offering low ongoing maintenance needs. Four of the five mobile homes have new metal roofs, and all units feature updated electrical, updated plumbing, new flooring, new hot water heaters, and newer appliances. The single-family home has also been updated. Most major systems have already been addressed, making this a largely turnkey investment. The park includes three vacant sites that offer clear value-add potential for increased revenue through long-term tenants, short-term stays, or placement of additional park-owned homes. Separate electric meters are in place for all units, and city services provide predictable operational expenses. Located in a quiet area within Tallapoosa city limits, this property offers stable tenancy, reliable utilities, and straightforward management. Opportunities of this size, condition, and cash flow profile are rarely available in this market. Owner financing may be considered.
MLS# 10654638

Courtesy Of Southern Homes & Land Realty

(770) 459-8841

Property Features

  • Age
    31-40 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Vinyl
  • Lot Size
    0.51 Acres
  • Roof Type
    Metal
  • Rooms
    Family Room

Map and Directions

Directions to 108 Grant Street, Tallapoosa, GA 30176

Home seller CENTURY 21 Novus

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CENTURY 21 Novus

(678) 664-1400
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Monthly Payment Breakdown

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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.