For Sale
$250,000

843 Mcafee StDalton, GA 30721

High-Yield, Fully Occupied Multifamily Investment

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional value-add investment opportunity presents a fully occupied four-unit apartment building situated on a 0.44-acre lot in Dalton, Georgia. The property, located at 843 McAfee St, boasts a total of 2,400 square feet of net rentable space, with each of the four units featuring a one-bedroom, one-bathroom layout. Built in 1970, this single-story building currently enjoys 100% occupancy, generating a gross monthly rent of $3,200. The property's assessment number is 12-218-27-004. This is a strong cash-flowing asset with significant potential for future appreciation. The asking price is $250,000, presenting a compelling return on investment. The property's location in Dalton, GA, offers convenient access to local amenities and transportation. The 0.44-acre lot size presents potential for future expansion, although this is not guaranteed. This is an ideal opportunity for investors seeking a stable, income-producing asset in a growing market. The property is currently generating a strong return, and the potential for future growth makes this a highly attractive investment. The existing structure is well-maintained and provides a solid foundation for future growth and potential value appreciation. This is a rare opportunity to acquire a fully occupied multifamily property in a desirable location at an attractive price point.

Highlights

  • Fully occupied four-unit apartment building in Dalton, GA.
  • 2,400 square feet of net rentable space on a 0.44-acre lot.
  • Each unit is a one-bedroom, one-bathroom layout.
  • $3,200 gross monthly rent, 100% occupancy.
  • Asking price: $250,000.

Property Details for 843 Mcafee St

Property type
Apartment buildings
Square Feet
2,400 SF
Year Built
1970
Buildings
1
Stories
1
Lot Size (sq. ft)
19,166 SF
Units
4

Location Insight

City
Dalton
County
Whitfield
State
Georgia
Latitude
34.772084321088
Longitude
-84.955538212223
843 Mcafee St, Dalton, Georgia

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843 Mcafee St
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