Resaca, GA 30735,621 Nicklesville RD NE
Resaca, GA 30735,621 Nicklesville RD NE
Resaca, GA 30735,621 Nicklesville RD NE
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$1,400,000
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1 Acres Lot
New

621 Nicklesville RD NE Resaca, GA 30735

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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


Georgia MLS - GAMLS

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agent

Nadira Taylor

Broker | License ID: 10491206475

+1(516) 292-4300

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621 Nicklesville RD NE