GA > Dalton
Dalton, GA 30721,432 4th AVE
Dalton, GA 30721,432 4th AVE
Dalton, GA 30721,432 4th AVE
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$1,825,000
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0.79 Acres Lot
Price Dropped by $75K

432 4th AVE Dalton, GA 30721

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Sherry Ajluni

Sherry Ajluni

+1(678) 283-1710

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10414446

HOA Y/N No

Year Built 1999

Annual Tax Amount $5,936

Tax Year 2023

Lot Size 0.790 Acres

Acres 0.79

Lot Dimensions 34412.4

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Investment opportunity! All 12 units are 100% occupied - currently renting for $1150 but could be raised to $1,250. Rents will be increasing on each unit to $1,150 starting April 1st, 2025. All units are 2 BR, 1 BA. New roof and sewer. Taxes are $6,000. There is space to build self-storage units or laundry area. Management fee 5%, cap rate of 7% .9 acres, space to build laundry or self-storage units. Sewer New roof Taxes- 6,000 Insurance-6-7,000 Water-$6000 All 2 bedroom, 1 full bath 950 square feet Management fee 5% Cap tate-6.7 % 12 units rent per unit-$11500-increase to $1200 in 2025 100% occupied Total expenses $25,000 The building went through remodeling last this year and had vacant units for that. Now all are rented at $1150 and will go to 1200 in 20206 Every thing renovated, roof brand new, all HVAC systems are new. everything else is new inside and out. Tenants pay electric and all units are indivudually metered, owner pays water which runs around $500 per month. All units have washer dryer hookups.

Location

State GA

County Whitfield

Rooms

Basement None

Interior

Heating Baseboard

Cooling Central Air

Fireplace No

Exterior

Parking Features Off Street

Garage Spaces 9.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 9

Garage No

Private Pool No

Building

Faces Use GPS

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Out Of Area

Middle Schools Other

High Schools Out Of Area

Others

HOA Fee Include None

Tax ID 1223916008

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Resale

Georgia MLS - GAMLS
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Sherry Ajluni

Team Leader | License ID: 289349

+1(678) 283-1710

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432 4th AVE

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