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117 Pearl Street

$295,000

117 Pearl Street, Rockmart, GA 30153

Active
Last Updated: 04/10/2024

4

Units

1973

Year Built

Details:
Units:    4
Year Built:    1973
Highlights:
  • Lot Features: Corner Lot
  • Gross Income: 30900
  • Bathrooms Total: 0
  • Cooling: Central Air
  • Heating: Central, Electric
  • Construction Materials: Brick 4 Sides, Vinyl Siding
  • Parking Features: Driveway
  • Accessibility Features: None
  • Security Features: None
  • Buyer Agency Compensation: 3
Description:

Cash flowing quadruplex in Rockmart. 2 bedrooms, 1 bath and individual laundry hookups in each unit, approx 810sq ft. 3 Units are occupied and the 4th was just listed and will be rented soon. Current rent is $600/mo per unit for occupied units. Market rent is $775 since the more recent upgrades. All units have had varying degrees of remodeling in the the past few years. Including central HVAC which was installed in all units in the past 2 years. This investment already has a property manager in place so an easy turn key investment if you choose.

Additional lot behind the building is included with the sale (0.22 acres). Quad appraised for 275k last summer before a few updates and without the attached empty lot. Appraisal and additional photos are available on request.

Inspection only available during due diligence. However, apartment 6 is available to see now while it remains vacant. Contact Tim to see.

Map:
Location
Gallery