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432 4th Ave, Dalton, GA, 30721

--beds
--baths
--sqft
$1,725,000
--price/sqft
$10,790/moest. monthly cost
$431,600/yrincome needed

About This Home

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.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

3/10
Blue Ridge SchoolGrades PK-50.3 mi
5/10
Dalton Jr. High SchoolGrades 8-90.6 mi
5/10
Dalton High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1999

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Central Air

Property

Details

  • Parcel number: 1223916008

Features

  • Levels: Two
  • Stories: 2
  • Waterbody name: None

Lot

  • Lot size: 0.79 Acres

Parking

  • Parking features: Off Street