For Sale
$650,000

1600 Puryear Dr Dalton, GA 30721

Quadplex with 100% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
136
Exceptional investment opportunity in Dalton, Georgia! This mixed-use property, situated on over an acre of land (1.02 acres to be exact), features a 3,360 square foot, two-story building constructed in 1960. The property currently houses four residential units, each with a one-year lease, generating a total monthly rental income of $4,200 (current rent is $1050 per unit, with potential to increase to $1200). The property boasts 100% occupancy with four tenants in place. Three of the four units feature newly installed heating and air conditioning systems. The R4 zoning permits a variety of uses, and the ample lot size presents potential for expansion, such as adding self-storage or laundry facilities. The asking price for this turnkey investment is $650,000. A 5% management fee is currently in place. The property's address is 1600 Puryear Drive NW, Dalton, GA 30721, and its APN is 12-142-05-000. This is a rare opportunity to acquire a stable, income-producing property with significant upside potential.

Highlights

  • Asking price: $650,000.
  • Mixed-use property with four residential units on a 1.02-acre lot in Dalton, GA.
  • 100% occupancy with four tenants under one-year leases, generating $4,200 monthly rental income.
  • 3,360 square feet, two-story building constructed in 1960.
  • R4 zoning allows for potential expansion, such as adding self-storage or laundry facilities.

Property Details for 1600 Puryear Dr

Property type
Mixed-use properties, Land
Square Feet
3,360 SF
Year Built
1960
Buildings
1
Stories
2
Lot Size (sq. ft)
44,431 SF
Units
4

Location Insight

City
Dalton
County
Whitfield - GA
State
Georgia
Latitude
34.802733921322
Longitude
-84.962320603445

FAQs

What type of property is this?
Mixed-use property - Quadplex with 100% Occupancy
Where is the mixed-use property located?
The property is located at 1600 Puryear Dr Dalton, GA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Asking price: $650,000.; Mixed-use property with four residential units on a 1.02-acre lot in Dalton, GA.; 100% occupancy with four tenants under one-year leases, generating $4,200 monthly rental income.
How can I contact the broker?
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1600 Puryear Dr
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