C-3 Zoned Multifamily
209 E Hagen St Dalton, GA 30721
209 E Hagen St, Dalton, GA, 30721
$850,000
For Sale
$850,000
Four-unit quadplex in C-3 zoning, offered as-is and not move-in ready due to extensive needed repairs.
Property Size6,184 SF
Price / SF$137.45
Days on Market34
Property Features for 209 E Hagen St
General Information
- Standard status
- Active
- Size
- 6,184 SF
Listing agency
eXp Commercial
(706) 980-3884
Listed by
Andrea Nicole · License ##363067
(706) 980-3884
Source
Exprealty
Added: Jun 19 Updated: Jul 21 at 7:07PM Checked: Jul 22 at 9:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial
Investment Insights
Based on property information with market context.
This C-3 commercially zoned property is a four-unit quadplex offered for sale in as-is condition. The building is not move-in ready and is in need of significant repairs and renovations, with buyers encouraged to conduct thorough inspections regarding deferred maintenance and overall condition.
The property is located in-town and is presented as a redevelopment and value-add opportunity under its C-3 zoning. The seller notes that buyers should verify all information important to their plans, including zoning, square footage, and permitted uses, as the property’s condition may impact any intended use.
The asset includes approximately 6,184 square feet and contains four apartment units. Showing access is subject to caution due to the reported need for extensive repairs.
The property is located in-town and is presented as a redevelopment and value-add opportunity under its C-3 zoning. The seller notes that buyers should verify all information important to their plans, including zoning, square footage, and permitted uses, as the property’s condition may impact any intended use.
The asset includes approximately 6,184 square feet and contains four apartment units. Showing access is subject to caution due to the reported need for extensive repairs.
Key Highlights
- C‑3 commercially zoned property in the City of Dalton with four apartment units
- Approximately 6,184 SF total building area
- Offered as‑is and not move‑in ready due to extensive repairs and significant renovations needed
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.1k | $10.20 |
| − Vacancy | −$3.5k | −$0.56 |
| EGI | $59.6k | $9.64 |
| − OpEx | −$17.9k | −$2.89 |
| NOI | $41.7k | $6.75 |
6,184 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$596.1K
$521.6K – $695.4K
NOI $41,725 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$537.3K
$470.1K – $626.8K
NOI $37,610 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$987.5K
$864.1K – $1.15M
NOI $69,126 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit quadplex in C-3 zoning, offered as-is and not move-in ready due to extensive needed repairs.
Where is this quadplex located?
The property is located at 209 E Hagen St Dalton, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: C‑3 commercially zoned property in the City of Dalton with four apartment units; Approximately 6,184 SF total building area; Offered as‑is and not move‑in ready due to extensive repairs and significant renovations needed
