Rome, GA 30161,401 Chateau DR
Rome, GA 30161,401 Chateau DR
Rome, GA 30161,401 Chateau DR
10
$330,000
$350,000
5.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

0.35 Acres Lot

401 Chateau DR Rome, GA 30161

Est. payment /mo
SOLD DATE : 07/21/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $330,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Crestridge Apartments

MLS Listing ID 7221206

Sold Date 07/21/23

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1981

Annual Tax Amount $2,464

Tax Year 2021

Lot Size 0.350 Acres

Acres 0.35

Property Description

Welcome to an exceptional investment opportunity-a magnificent quadraplex that combines functionality, and substantial potential for real estate investors. This stunning property offers four distinct units, each designed to provide comfort, style, and a lucrative rental income. Let's explore the captivating features that make this quadraplex an outstanding investment: Prime Location: Residents will appreciate the convenience of nearby amenities, including shopping centers, dining options, parks, and reputable schools, making it an attractive place to call home. Spacious Units: Each of the four units within the quadraplex offers generous living spaces, providing tenants with ample room to relax and enjoy their privacy. Well-designed floor plans offer comfortable bedrooms, inviting living areas, and functional kitchens, ensuring a comfortable and functional living experience. Income Potential: With four separate units, this quadraplex offers an excellent income-generating opportunity. Investors can choose to rent out all units simultaneously or occupy one unit while leasing the others, providing flexibility and the potential for consistent cash flow. High Rental Demand: The prime location and quality of this quadraplex ensure a strong rental demand. The surrounding area boasts a thriving rental market, attracting tenants who seek well-maintained and elegant living spaces. This demand maximizes occupancy rates and ensures a steady stream of income. Future Growth Potential: As an investor, you will appreciate the promising prospects of this property. The surrounding area is experiencing positive growth and development, with rising property values, ensuring potential appreciation in the years to come. This impressive 4-unit apartment building offers an ideal balance of location, features, and income potential. Whether you are an experienced investor expanding your portfolio or a first-time buyer seeking a profitable venture, this property represents an outstanding opportunity. Act now to secure your place in the thriving real estate market and reap the benefits of owning this remarkable building.

Location

State GA

County Floyd

Lake Name None

Interior

Heating Central

Cooling Central Air

Flooring Carpet

Window Features None

Exterior

Parking Features Driveway

Fence None

Community Features None

Utilities Available Electricity Available, Other

Waterfront Description None

View Other, Trees/Woods

Roof Type Composition

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Sloped

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Stone

New Construction No

Construction Status Resale

Schools

Elementary Schools East Central

Middle Schools Rome

High Schools Rome

Others

Senior Community no

Tax ID J15Z 194

Special Listing Condition None

Read Less


First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Northwest, LLC.
Bought with Keller Williams Rlty, First Atlanta

GET MORE INFORMATION

April Watkins

Broker | License ID: 348310

+1(404) 777-0506

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.