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!
Chatsworth is located in Georgia. Chatsworth, Georgia has a population of 4,764. Chatsworth is more family-centric than the surrounding county with 47.14% of the households containing married families with children. The county average for households married with children is 31.46%.
The median household income in Chatsworth, Georgia is $55,199. The median household income for the surrounding county is $53,821 compared to the national median of $69,021. The median age of people living in Chatsworth is 30.6 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 30 degrees. The average rainfall is approximately 54.6 inches per year, with 2 inches of snow per year.
