432 4th Avenue, Dalton, GA 30721
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
432 4th Avenue,Dalton, GA 30721
$1,725,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: lou wieland
Office: chapman hall realtors
MLS#:10702926
Source:METROMLS
Price summary
- Price:$1,725,000
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.
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Home facts
- Year built:1999
- Listing ID #:10702926
- Updated:June 28, 2026 at 05:57 PM
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard
- Central air:Yes
Structure and exterior
- Year built:1999
- Lot area:0.79 Acres
- Construction Materials:Vinyl Siding
- Levels:2 Story
Schools
- High school:Other
- Middle school:Other
- Elementary school:Other
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,725,000
- Tax amount:$6,625 (2024)
Parking
- Parking description:Off Street Parking
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