About This Home
This 2-bedroom, 1-bathroom single family at 281 Chatham Road in Homer, GA is listed for $375,000 ($308 per sqft). Built in 1995, the home offers 1,216 sqft of living space on a 3.53 acres lot.
Key Features
- Built in 1995
- 3.53 acre lot
- 2 parking spaces
Property Details
Amenities
Discover a unique income-producing opportunity at 281 Chatham Rd in Homer, GA! Situated on 3.53 acres, this property offers multiple existing income streams along with exciting potential for future growth. The property features a cell tower generating approximately $1,200 per month in income, plus a mobile home currently producing $1,000 per month in rental income, with potential rent estimated at approximately $1,300 per month.
Together, the existing income sources provide an attractive opportunity for investors looking for immediate cash flow. A peaceful creek runs along the back of the property, adding natural character to the spacious setting. With 3.53 acres, there is also plenty of room to explore adding additional mobile homes or building another home on the property.
Whether you're looking for an income-producing investment, additional development potential, or acreage with multiple possibilities, 281 Chatham Rd offers a rare combination of land, existing rental income, and cell tower revenue.
Monthly Cost Estimate
$2,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
281 Chatham Road
Homer, GA 30547
Property Details
Construction
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 281 Chatham Road is listed at $375,000 ($308/sqft). The estimated monthly payment is $2,005 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1995, 3.53 acre lot, 2 parking spaces.
This property is listed by Raphael Merilien and can be reached at 7062072812.
