$330,000
$350,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
401 Chateau DR SE Rome, GA 30161
0.35 Acres Lot
Key Details
Sold Price $330,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Crestridge Apartments
MLS Listing ID 20124175
Sold Date 07/21/23
HOA Y/N No
Year Built 1981
Annual Tax Amount $2,464
Tax Year 2021
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 15246
Source Georgia MLS 2
Property Description
Welcome to an exceptional investment opportunity-a magnificent quadraplex that combines functionality, and substantial potential for real estate investors. This stunning property offers four distinct units, each designed to provide comfort, style, and a lucrative rental income. Let's explore the captivating features that make this quadraplex an outstanding investment: Prime Location: Residents will appreciate the convenience of nearby amenities, including shopping centers, dining options, parks, and reputable schools, making it an attractive place to call home. Spacious Units: Each of the four units within the quadraplex offers generous living spaces, providing tenants with ample room to relax and enjoy their privacy. Well-designed floor plans offer comfortable bedrooms, inviting living areas, and functional kitchens, ensuring a comfortable and functional living experience. Income Potential: With four separate units, this quadraplex offers an excellent income-generating opportunity. Investors can choose to rent out all units simultaneously or occupy one unit while leasing the others, providing flexibility and the potential for consistent cash flow. High Rental Demand: The prime location and quality of this quadraplex ensure a strong rental demand. The surrounding area boasts a thriving rental market, attracting tenants who seek well-maintained and elegant living spaces. This demand maximizes occupancy rates and ensures a steady stream of income. Future Growth Potential: As an investor, you will appreciate the promising prospects of this property. The surrounding area is experiencing positive growth and development, with rising property values, ensuring potential appreciation in the years to come. This impressive 4-unit apartment building offers an ideal balance of location, features, and income potential. Whether you are an experienced investor expanding your portfolio or a first-time buyer seeking a profitable venture, this property represents an outstanding opportunity. Act now to secure your place in the thriving real estate market and reap the benefits of owning this remarkable building.
Location
State GA
County Floyd
Rooms
Basement None
Interior
Heating Central
Cooling Central Air, Electric
Fireplace No
Exterior
Parking Features Over 1 Space per Unit
Community Features None
Utilities Available Electricity Individual Meters, Sewer Connected, Water Individual Meters
View Y/N No
Garage No
Private Pool No
Building
Faces From 411, towards Cartersville, turn right onto Chateau Dr, go to stop sign, property will be on your left.
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Rough-Sawn Lumber,Stone
New Construction No
Schools
Elementary Schools East Central
Middle Schools Rome
High Schools Rome
Others
HOA Fee Include None
Tax ID J15Z 194
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Resale
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