1614 Waring RdDalton, GA 30721

  • Residential income properties
  • 1.25 AC
For Sale
$425,000 View listing

Property Details for 1614 Waring Rd

Lot size
1.25 AC
Property type
Residential income properties
Property subtype
Multifamily properties

Description

This exceptional investment opportunity presents a four-unit apartment building located at 1614 Waring Rd NW, Dalton, Georgia, 30721. Situated on a spacious 1.25-acre lot, this property offers significant potential for growth and income. The building is a single-story structure with four individual units, each boasting two parking spaces. Currently, all four units are 100% occupied, generating a monthly income of $1200 per unit. Tenants are responsible for all utilities, minimizing expenses for the owner. The property is zoned R7 and benefits from city sewer services. The asking price is $425,000, translating to $106,250 per unit. This represents a compelling value in the Dalton, Georgia market, given the current occupancy rate, the substantial lot size, and the low maintenance associated with tenant-paid utilities. The property's location in Whitfield County provides easy access to local amenities and transportation routes. This is an ideal investment for those seeking a stable, high-yield multifamily property with significant upside potential. The current lease agreements expire on July 21, 2024.

1614 Waring Rd, Dalton, Georgia

Location Insight

City
Dalton
County
Whitfield
State
Georgia
Latitude
34.8053
Longitude
-84.9652

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