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Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,150 sqft
Price per Sqft $104
MLS Listing ID 1371783
Sold Date 07/14/23
Originating Board Greater Chattanooga REALTORS®
Year Built 2007
Lot Size 4.220 Acres
Acres 4.22
Lot Dimensions 399 x425 x411 x 483
Property Description
Great investment opportunity in Rock Springs. Includes the apartment building ,chicken house/barn and a total of 4.22 acres. This building started its life as a barn many years ago and was transformed into a 4 unit building consisting of 3-one bedroom units and 1 two bedroom unit, the one bedrooms rent to long term tenants at $450-500 per month and the 2 bedroom unit is currently vacant for showings but last rented for $600. There is also room in the upper level/loft for an additional larger 2 bedroom unit(plumbing stubbed in). The Quadruplex sits on 1.33 ac and the barn sits on 2.89 ac. Another plus is this property is on Sewer not Septic, there are 2 places for hook ups for the land up front on Old Lafayette rd. and the Quad has sewer lines going to the rear and joining a sewer easement in adjoining properties. So many possibilities for expansion and building other units or build your mini farm on one portion and have an income producing property next door. Zoning on tax records shows as R2. There is a driveway that leads to another property behind that does split the 2 lots.
Location
State GA
County Walker
Area 4.22
Interior
Interior Features Eat-in Kitchen
Heating Baseboard
Cooling Wall Unit(s), Window Unit(s)
Fireplace No
Heat Source Baseboard
Exterior
Garage Off Street
Garage Description Off Street
Community Features None
Utilities Available Sewer Connected
Roof Type Metal
Porch Deck, Patio
Parking Type Off Street
Garage No
Building
Lot Description Level
Faces From Highway 27 towards Chickamauga turn Right at light on Kay Cononley turn right on old Hwy 27, cross over Railroad tracks and take immediate right onto Old Lafayette rd. second driveway on left, The quadraplex is actually on 53 Serene lane but address for all on tax records is 2026 Old Lafayette Rd.
Story Two
Foundation Slab
Water Public
Structure Type Other
Schools
Elementary Schools Saddle Ridge Elem
Middle Schools Saddle Ridge Middle
High Schools Gordon Lee High
Others
Senior Community Yes
Tax ID 0326 026
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
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Jennifer Jones
CEO, Broker | License ID: 330369, 362343
CEO, Broker License ID: 330369, 362343