Rome, GA 30161,401 Chateau DR SE
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Rome, GA 30161,401 Chateau DR SE
Rome, GA 30161,401 Chateau DR SE
Rome, GA 30161,401 Chateau DR SE
Rome, GA 30161,401 Chateau DR SE

$330,000

Est. payment /mo

$350,000

5.7%
Est.Price: ?

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401 Chateau DR SE Rome, GA 30161

0.35 Acres Lot

SOLD DATE : 07/21/2023

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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Georgia MLS - GAMLS
agent

Dora Grubb

Agent | License ID: 323913

+1(404) 205-1808

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