$1,800,000
$1,925,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
4.38 Acres Lot
SOLD DATE : 08/18/2023
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Lawson Phase 1
MLS Listing ID 7161717
Sold Date 08/18/23
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 2002
Annual Tax Amount $18,700
Tax Year 2022
Lot Size 4.380 Acres
Acres 4.38
Property Description
Being offered for sale are 11 single family rental homes on a total of 4.38 acres in Calhoun city limits that are currently all occupied and currently average $1,200 per month rent per unit (below current market rates with an opportunity to increase). All units were built in 2002 and have been used strictly as rental homes and have a very strong rental history. 8 of the units feature 3 BR, 2 BA, and a double garage, while 3 of the homes are 4 BR, 2 BA. All homes feature a family room, laundry room, dining area, and kitchen with stove, dishwashers, and refrigerators. Great location near schools, shopping, restaurants, and I-75. Owner would consider owner financing with $250k down at 6% interest only payments with a balloon payment due in 2 years. Owner requests that closing be handled by Brumlow, Corwin, & Delashmit PC in Calhoun, GA. Financial information available upon request to qualified parties. DO NOT DISTURB OR CONTACT TENANTS PLEASE.
Location
State GA
County Gordon
Lake Name None
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air
Window Features Insulated Windows
Exterior
Garage Garage
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Shingle
Accessibility None
Handicap Access None
Parking Type Garage
Total Parking Spaces 2
Private Pool false
Building
Lot Description Cul-De-Sac, Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame, Vinyl Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Calhoun
Middle Schools Calhoun
High Schools Calhoun
Others
Senior Community no
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Special Listing Condition None
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