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!
Off market
$425,600
164-190 Poteet Rd, Chatsworth, GA 30705
--beds
--baths
840sqft
Multi Family
Built in 1984
-- sqft lot
$425,600 Zestimate®
$507/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Source: BHHS broker feed,MLS#: 1503832
Facts & features
Interior
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator
Interior area
- Total structure area: 840
- Total interior livable area: 840 sqft
Property
Details
- Parcel number: 0062d 058
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1984
Community & neighborhood
Location
- Region: Chatsworth
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$425,600
2% more+ $8,512
With Zillow Showcase(estimated)
$434,112