1600 Puryear DrDalton, GA 30721
- Mixed-use properties
- 3,360 SF
Property Details for 1600 Puryear Dr
- Year built
- 1960
- Lot size
- 1.02 AC
- Property size (Sq ft)
- 3,360 SF
- Property type
- Mixed-use properties
- Property subtype
- Land
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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