1600 Puryear DrDalton, GA 30721

Property Details for 1600 Puryear Dr

Year built

1960

Lot size

1.02 AC

Property size (Sq ft)

3,360 SF

Property type

Residential income properties

Property subtype

Other mixed-use properties

Description

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.

Location Insight

City

Dalton

County

Whitfield - GA

State

Georgia

Latitude

34.8027

Longitude

-84.9623

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