432 4Th AveDalton, GA 30721

Property Details for 432 4Th Ave

Year built

1999

Lot size

0.79 AC

Property size (Sq ft)

8,176 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 12-unit apartment building located at 432 4th Avenue, Dalton, Georgia, 30721. The property, built in 1999, boasts a total of 8,176 square feet situated on a 0.79-acre lot. Currently, all twelve units are 100% occupied, generating substantial rental income. Each unit is a two-bedroom, one-bathroom apartment, currently renting for $1,000 to $1,100 per month, with potential for rental increases to $1,250 per month. Recent improvements include a new roof and sewer system. Annual property taxes fall within the $5,000 to $6,000 range. The property offers significant upside potential. There is available space on the property that could be developed into additional income-generating features such as self-storage units or a laundry facility. The asking price for this multifamily property is $1,900,000. A 5% management fee and a 7% capitalization rate are projected. This is a prime investment opportunity in a growing market. The property is classified as both residential and multifamily.

Location Insight

City

Dalton

County

Whitfield - GA

State

Georgia

Latitude

34.7664

Longitude

-84.9571

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].