164-190 Poteet RD Active Save Request In-Person Tour Request Virtual Tour
Chatsworth,GA 30705
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 840 sqft
Price per Sqft $1,101
MLS Listing ID 1503832
Style Other
Year Built 1984
Lot Size 2.750 Acres
Property Sub-Type Triplex
Property Description
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!
Location
State GA
County Murray
Area 2.75
Interior
Heating Central
Cooling Central Air
Flooring See Remarks
Equipment Other
Laundry Washer Hookup
Exterior
Exterior Feature Other
Parking Features Asphalt,Gravel
Garage Description Asphalt, Gravel
Pool None
Community Features Park
Utilities Available Electricity Connected,Water Connected,Underground Utilities
View Creek/Stream,Mountain(s)
Roof Type See Remarks
Building
Lot Description See Remarks
Story Two
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Other
Schools
Elementary Schools Eton Elementary
Middle Schools New Bagley Middle
High Schools North Murray
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Investor
Pets Allowed Yes