Description
Outstanding Investment Opportunity – 12-Unit Multifamily Key Highlights: • 100% occupancy – all units leased at $1, 150/month, with increases to $1, 250/month in late 2025. • NOI: $128, 000 • Cap Rate: 7% • Management Fee: 5% • Fully renovated in 2024 – new roof, HVAC, interiors, and exterior improvements. • Lot size: 0.9 acres – room for laundry facility or self-storage units. • Tenants pay electricity and gas; owner pays water (~$500/month). • All units have washer/dryer hookups and individual metering. Financial Summary: Scenario Current Gross Income $165, 600 Pro Forma -$180, 000 NOI $155, 000 Value @ 7% Cap-$2.214, 286 • Immediate strong cash flow with current NOI of $128K. • Built-in appreciation of ~$385K from scheduled rent increases. • Low maintenance risk due to complete recent renovation. • Additional income potential from lot development.
Address
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Address: 432 4th Avenue, Dalton, Georgia 30721
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City: Dalton
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State/county: GA
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Zip/Postal Code: 30721
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Area: NONE
Details
Updated on August 31, 2026 at 6:22 am-
Property ID 7704189
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Price $1,725,000
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Land Area 0.79 m²
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Year Built 1999
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Property Type Other, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Composition
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Utilities None
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Sewer Public Sewer
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Cooling Central Air
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Heating Baseboard
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County Whitfield - GA
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Property Type Residential Income
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Parking Parking Lot
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Elementary School Whitfield - Other
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Middle School Whitfield - Other
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High School Whitfield - Other
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Community Features None
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Waterfront None
Mortgage Calculator
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Down Payment
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- Jason Tatum