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.
Investor opportunity in the heart of Calhoun! This duplex offers strong income potential with two separate units, each featuring 2 bedrooms and 1 bathroom. Each unit provides a functional, easy to rent layout with comfortable living spaces, a practical kitchen setup, and spacious bedrooms. Whether you're looking to add to your rental portfolio or live in one unit while leasing the other, this property offers flexibility and long term value. Located just minutes from town conveniences, schools, and major commuter routes, this duplex is ideal for consistent tenant demand. With strong rental appeal in the area, this is a great opportunity for both seasoned investors and those looking to start building wealth through real estate. Don't miss the chance to secure a cash flowing asset in a growing North Georgia market.
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.