621 Nicklesville RD NE Save Request In-Person Tour Request Virtual Tour
Resaca,GA 30735
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status New
Purchase Type For Sale
MLS Listing ID 10584705
HOA Y/N No
Year Built 1987
Annual Tax Amount $3,446
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 1
Property Sub-Type Multi Family
Source Georgia MLS 2
Property Description
Investor's Dream - 8-Unit Apartment Complex Discover a rare multi-family investment opportunity at 621 Nicklesville Rd. This well-maintained property features eight apartments-six spacious 3-bedroom, 1-bath units and two comfortable 2-bedroom, 1-bath units-offering strong rental appeal for families and individuals alike. Each unit is thoughtfully designed for functional living, with generous floor plans and plenty of natural light. The property is conveniently located near local shops, schools, and major roadways, ensuring steady tenant demand. With multiple income-producing units under one roof, this property is ideal for investors looking to expand their portfolio with consistent cash flow potential. Whether you're a seasoned landlord or new to multi-family investing, 621 Nicklesville Rd is a solid choice for long-term returns. Annual totals: Annual Income: $88,200 Annual Expenses: $13,920 NOI: $74,280 Cap Rate (at $1.4M list price): ~5.31% Key Features: 8 total apartments (6) 3-bedroom, 1-bath units (2) 2-bedroom, 1-bath units Prime location near river Strong rental demand area Don't miss your chance to secure a turnkey investment property in a growing market.
Location
State GA
County Gordon
Rooms
Basement Crawl Space
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Fireplace No
Exterior
Parking Features Parking Pad,Kitchen Level
Garage Spaces 20.0
Community Features None
Utilities Available Electricity Individual Meters,Water Individual Meters
View Y/N No
Total Parking Spaces 20
Garage No
Private Pool No
Building
Faces GPS
Foundation Pillar/Post/Pier
Sewer Septic Tank
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Tolbert
Middle Schools Ashworth
High Schools Gordon Central
Others
HOA Fee Include None
Tax ID 040 002
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition Resale