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12480# Highway 27 Summerville, GA 30747

View on Map
For Sale
$699,000

MULTI_FAMILY - Summerville, GA

Lot size:
1.28 Acres
Added:
Sep 27, 2024
Days on Market:
552
Last Refresh:
Apr 1 at 9:06 am

Property Features for 12480# Highway 27

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
6
Window features
Double Pane Windows
Standard status
Active
APN
00P0800000011000
Lot size
1.28 Acres

Taxes and HOA fees

TaxYear
2022
TaxAnnualAmount
2000

Utilities

Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Natural Gas, Hot Water(Heating), Central
Cooling system
Window Unit(s), Ceiling Fan(s)
Water source
Public

Building Details

Year built
1996
Floors in Building
1
Number of units
7
Flooring type
Hardwood, Carpet, Laminate, Marble
Building materials
Cement Siding, Concrete, Fiber Cement
Roof type
Composition, Shingle

We can help!

Listing Contact
Syed Firoz
Syed Firoz

Listing agent Syed Firoz License #419636

Listing office Virtual Properties Realty.com 2750 Premiere Pkwy Suite 200, Duluth, GA

Listing date Sep 27, 2024

MLS# 7462742 Listing URL

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Summerville Multifamily Investment Opportunity

This unique investment opportunity features a mix of new and existing rental units on 1.28 acres. The property includes three newly constructed units, each with 2 bedrooms and 2 bathrooms, with an expected rental income of $1200 per unit. Additionally, there are four occupied rental homes with established tenants. Unit 1 rents for $1050 per month and has 2 beds and 1 bath. Unit 2 rents for $1050 per month and has 2 beds and 1 bath. Unit 3 rents for $1100 per month and has 2 beds and 1 bath with a porch. Unit 4 rents for $800 per month and has 1 bed and 1 bath. The three new vacant units (Units 5, 6, and 7) each have 2 beds and 2 baths and are expected to rent for $1200 per month. A vacant lot is also included, offering potential for future development. The property is located in Summerville, GA.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Summerville
County
Chattooga
State
Georgia
Longitude
-85.2724
Latitude
34.4939

FAQs

What type of property is this?
Multifamily property - Seven units on 1.28 acres with development potential.
Where is this multifamily property located?
The property is located at 12480# Highway 27 Summerville, GA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Investment opportunity with 7 rental units (3 new, 4 occupied) on 1.28 acres.; **Three newly constructed 2‑bed, 2‑bath units ready for immediate rental income ($1200/unit expected).**; Four existing rental homes are currently occupied with tenants, providing immediate cash flow.
More about this property
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