432 4th Ave., Dalton, GA 30721

432 4th Ave., Dalton, GA 30721
Photo 1 of 26
$1,825,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $5,936 1999
On the market: 293 days

Est. Monthly Payment:

$11,423($10,928 + $495 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
Outstanding Investment Opportunity – 12-Unit Multifamily Key Highlights: • 100% occupancy – all units leased at $1,150/month, with increases to $1,250/month in late 2025. • NOI: $128,000 • Cap Rate: 7% • Management Fee: 5% • Fully renovated in 2024 – new roof, HVAC, interiors, and exterior improvements. • Lot size: 0.9 acres – room for laundry facility or self-storage units. • Tenants pay electricity and gas; owner pays water (~$500/month). • All units have washer/dryer hookups and individual metering. Financial Summary: Scenario Current Gross Income $165,600 Pro Forma -$180,000 NOI $155,000 Value @ 7% Cap-$2.214,286 • Immediate strong cash flow with current NOI of $128K. • Built-in appreciation of ~$385K from scheduled rent increases. • Low maintenance risk due to complete recent renovation. • Additional income potential from lot development.
Listing courtesy of Lou Wieland, Keller Williams North Atlanta