164 190 Poteet Road
Chatsworth, GA 30705
- – beds
- – baths
- 840 sqft
- ~3 acre lot
- $1,101 per sqft
- 1984 build
- – on site
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!
Last checked:
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Last updated Jan 7, 2025
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MLS# 1503832 —
The Building
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Year Built:1984
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New Construction:true
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Builder Name:None
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Architectural Style:Other
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Structure Type:Triplex
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Construction Materials:Other
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Levels:Two
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Stories Total:None
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Roof:See Remarks
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Basement:false
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Foundation Details:Slab
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Exterior Features:Other
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Window Features:See Remarks
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Patio And Porch Features:Wrap Around
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Security Features:See Remarks
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Building Area Total:840.0
Interior
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Furnished:None
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Flooring:See Remarks
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Fireplace:false
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Laundry Features:Washer Hookup
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Zoning Description:None
Room Dimensions
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Living Area:840.0
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Living Area Units:None
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Living Area Source:Owner
Location
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Directions:From Hwy 411 to Crandell Ellijay Rd to Shorty Lents to Poteet.
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Latitude:34.863757
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Longitude:-84.738519
The Property
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Parcel Number:0062d 058
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Property Type:Residential Income
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Property Subtype:Triplex
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Direction Faces:None
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Possible Use:None
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Other Structures:See Remarks
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Other Equipment:Other
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Lot Features:See Remarks
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Lot Size Acres:2.75
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Lot Size Area:2.75
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Lot Size SqFt:119790.0
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Lot Size Units:Acres
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Lot Size Source:None
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Zoning:None
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Topography:None
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Fencing:None
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View:Creek/Stream, Mountain(s)
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View:true
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Pool Private:No
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Waterfront:true
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Waterfront Features:Creek
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (706) 313-9787
- Office phone:
- (423) 756-9999
Taxes
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Tax Legal Description:OFF SHORTY LENTS RD (DB 126-127,81-750)
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Tax Annual Amount:3386.72
Baths
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Three Quarter Baths:None
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Quarter Baths:None
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Partial Baths:None
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electricity Connected, Water Connected, Underground Utilities
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Water Source:Public
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Sewer:Septic Tank
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Electric:None
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Green Energy Generation:None
Appliances
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Appliances:Refrigerator, Oven, Microwave, Dishwasher
Schools
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Elementary School:Eton Elementary
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Elementary School District:None
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Middle Or Junior School:New Bagley Middle
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Middle Or Junior School District:None
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High School:North Murray
The Community
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Subdivision Name:None
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Senior Community:false
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Community Features:Park
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Association:false
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Pets Allowed:Yes
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Spa:false
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Spa Features:None
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Pool Features:None
Parking
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Garage:false
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Attached Garage:false
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Parking Features:Asphalt, Gravel
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/7/25
Jan 7, 2025
|
Price Changed | CHTMLS | $925,000 | -9.3% |
11/29/24
Nov 29, 2024
|
Listed / Active | CHTMLS | $1,020,000 |