Incredible Multifamily Portfolio with Development Opportunity on Poteet Road Discover a unique chance to own a bundled investment property portfolio with immense earning potential. Nestled at the foot of the picturesque Grassy Mountain, this 2.75-acre estate boasts three income-generating properties with nearly 200 feet of serene creek frontage. Plenty of acreage to develop additional multifamily, short-term or long-term rentals. Here's what's included: 164 Poteet (Single-Family Home) 2 Bed, 2 Bath with an in-ground swimming pool Currently rented for $1,800/month Spacious acreage with potential for additional rentals 190 Poteet (Duplex) Two units, each 2 Bed, 1 Bath (840 sq. ft. per unit) Current rents are $500 and $800/month (below market) 168 Poteet (Triplex - New Construction) New construction with three units: 2 units are 2 Bed, 1.5 Bath 1 unit is 2 Bed, 1 Bath Rented for $1,150, $1,250, and $1,300/month Financial Highlights: Gross Yearly Rent: $81,600 Upside Potential: Opportunity to bring rents to market rate and develop the extra acreage for short- or long-term rentals. Details: Tenant-occupied: Showings available after an accepted offer. All three properties are sold as a package and will not be separated. Don't miss out on this rare investment opportunity with multiple income streams and significant growth potential. All offers will be reviewed!
Off market
Price Unknown
164-190 Poteet Rd, Chatsworth, GA 30705
--beds
--baths
840sqft
Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 16 hours ago
Source: BHHS broker feed,MLS#: 1503832
Facts & features
Interior
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator
Interior area
- Total structure area: 840
- Total interior livable area: 840 sqft
Property
Details
- Parcel number: 0062d 058
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1984
Community & neighborhood
Location
- Region: Chatsworth