Courtesy: Maximum One Community Realtors
770-334-8286
Rare opportunity to acquire a versatile, income-generating property with three potential rental units and strong cash flow upside. Ideal for investors, house hackers, or multi-generational living with built-in income. The main residence offers 2,570 sq ft of single-level living with flexible configuration options: • Operate as a 3 bed 3 bath primary home with a 2 bed 1 bath attached apartment • Or convert to a 4 bed home with a 1 bed 1 bath apartment • Four-sided brick construction with updated finishes and hardwood flooring The attached apartment functions as a fully independent living space with its own kitchen, living area, laundry, and private suite—positioned for consistent rental income. A detached guest house (~624 sq ft) creates a third income opportunity, complete with bedroom, bathroom, living area, kitchenette, plus a garage workshop and private outdoor space. Projected Market Rents: • Main home: $2,200–$2,500/month • Attached apartment: $800–$1,000/month • Detached guest house: $800–$900/month Total Potential Gross Rent: $3,800–$4,400/month Utilities are currently on a single meter. Per conversations with the county, there is potential to separate utilities, offering additional value-add opportunity for improved expense control and tenant billing (buyer to verify). Situated on a level 1.53-acre lot with fenced areas and barn space, the property also appeals to tenants seeking privacy, storage, or hobby farming—features that can support premium rents. Previous rental arrangements were below market due to family occupancy, leaving clear upside for an investor to stabilize and increase income. Multiple exit strategies: long-term rentals, short-term rental potential, or live-in investment.
Courtesy: Kortava Financial Network, Inc.
Lasha Kortava
858-212-7473
Parcel ID: 050 038 Lot Size: 3.3 Acres Units: 6 (1 Duplex, 1 Quadplex) Key Highlights Fully Leased: 100% occupancy, providing stable cash flow Recent Upgrades: 5 of 6 units fully or partially renovated with LED lighting, LVP flooring, appliances, fresh paint, and essential repairs Building Improvements: All siding, windows, and doors replaced; duplex balconies rebuilt; roof repairs completed Zoning & Development: City allows up to 46 units; property may be annexed with minimal effort Utilities: Gas and electric metered separately; landlord pays water for quadplex; septic systems in place with dormant city sewer hookup for expansion. Investment Highlights Immediate, stabilized cash flow from fully leased units Low near-term capex with most upgrades completed Future expansion opportunity with up to 46 units allowed by city zoning Convenient utilities and infrastructure with potential city sewer connection
Calhoun is located in Georgia. Calhoun, Georgia has a population of 16,920. Calhoun is more family-centric than the surrounding county with 30.26% of the households containing married families with children. The county average for households married with children is 29.85%.
The median household income in Calhoun, Georgia is $39,578. The median household income for the surrounding county is $50,520 compared to the national median of $69,021. The median age of people living in Calhoun is 33.8 years.
The average high temperature in July is 89.8 degrees, with an average low temperature in January of 30.1 degrees. The average rainfall is approximately 52 inches per year, with 2.3 inches of snow per year.
