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164-190 Poteet Road, Chatsworth, GA 30705

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For Sale

$1,020,000

840 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,214.29
    Price per square foot

  • New Construction, 41-50 Years Old
    Age

Explore this Property

Incredible Multifamily Portfolio with Development Opportunity on Poteet Road Discover a unique chance to own a bundled investment property portfolio with immense earning potential. Nestled at the foot of the picturesque Grassy Mountain, this 2.75-acre estate boasts three income-generating properties with nearly 200 feet of serene creek frontage. Plenty of acreage to develop additional multifamily, short-term or long-term rentals. Here's what's included: 164 Poteet (Single-Family Home) 2 Bed, 2 Bath with an in-ground swimming pool Currently rented for $1,800/month Spacious acreage with potential for additional rentals 190 Poteet (Duplex) Two units, each 2 Bed, 1 Bath (840 sq. ft. per unit) Current rents are $500 and $800/month (below market) 168 Poteet (Triplex - New Construction) New construction with three units: 2 units are 2 Bed, 1.5 Bath 1 unit is 2 Bed, 1 Bath Rented for $1,150, $1,250, and $1,300/month Financial Highlights: Gross Yearly Rent: $81,600 Upside Potential: Opportunity to bring rents to market rate and develop the extra acreage for short- or long-term rentals. Details: Tenant-occupied: Showings available after an accepted offer. All three properties are sold as a package and will not be separated. Don't miss out on this rare investment opportunity with multiple income streams and significant growth potential. All offers will be reviewed!
MLS# 1503832

Courtesy Of Realty Center of Chattanooga

(423) 756-9999

Property Features

  • Age
    New Construction, 41-50 Years Old
  • Amenities
    Dock, Water Front
  • Appliances
    Dishwasher, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Heating System
    Central Furnace
  • Lot Size
    2.75 Acres

Home seller CENTURY 21 Lindsey & Pauley

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lindsey & Pauley

(706) 692-3533
Learn More About Us

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