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About This Home
This 0-bedroom, 0-bathroom residential multi family at 432 4th Avenue in Dalton, GA is listed for $1,725,000. Built in 1999, on a 0.79 acres lot.
Outstanding Investment Opportunity - 12-Unit Multifamily Key Highlights: * 100% occupancy - all units leased at $1,150/month, with increases to $1,250/month in late 2025. * NOI: $128,000 * Cap Rate: 7% * Management Fee: 5% * Fully renovated in 2024 - new roof,HVAC, interiors, and exterior improvements.
* Lot size: 0.9 acres - room for laundry facility or self-storage units. * Tenants pay electricity and gas; owner pays water (~$500/month). * All units have washer/dryer hookups and individual metering. Financial Summary: Scenario Current Gross Income $165,600 Pro Forma -$180,000 NOI $155,000 Value @ 7% Cap-$2.214,286 * Immediate strong cash flow with current NOI of $128K.
* Built-in appreciation of ~$385K from scheduled rent increases. * Low maintenance risk due to complete recent renovation. * Additional income potential from lot development.
Key Features
- Built in 1999
- 0.79 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$9,226/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
432 4th Avenue
Dalton, GA 30721
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 432 4th Avenue is listed at $1,725,000. The estimated monthly payment is $7,475 based on 20% down at 6.5% interest.
Key features include: Built in 1999, 0.79 acre lot, 2 stories.
This property is listed by Lou Wieland and can be reached at 4044410719 or lou@louwieland.com.
