843 Mcafee St Dalton, GA 30721
- Commercial real estate
- 2,400 SF
- 0.44 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 843 Mcafee St
- Year built
- 1970
- Lot size
- 0.44 lot acres
- Property size
- 2,400 SF
- Property type
- Commercial real estate
- APN
- 12-218-27-004
Description
This exceptional value-add investment opportunity presents a fully occupied four-unit apartment building situated on a 0.44-acre lot in Dalton, Georgia. The property, located at 843 McAfee St, boasts a total of 2,400 square feet of net rentable space, with each of the four units featuring a one-bedroom, one-bathroom layout. Built in 1970, this single-story building currently enjoys 100% occupancy, generating a gross monthly rent of $3,200. The property's assessment number is 12-218-27-004. This is a strong cash-flowing asset with significant potential for future appreciation. The asking price is $250,000, presenting a compelling return on investment. The property's location in Dalton, GA, offers convenient access to local amenities and transportation. The 0.44-acre lot size presents potential for future expansion, although this is not guaranteed. This is an ideal opportunity for investors seeking a stable, income-producing asset in a growing market. The property is currently generating a strong return, and the potential for future growth makes this a highly attractive investment. The existing structure is well-maintained and provides a solid foundation for future growth and potential value appreciation. This is a rare opportunity to acquire a fully occupied multifamily property in a desirable location at an attractive price point.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dalton
- County
- Whitfield
- State
- Georgia
- Longitude
- -84.955538212223
- Latitude
- 34.772084321088
