Value-add 10-unit multifamily investment opportunity in Rome, GA with strong upside through renovation and lease-up. Property consists primarily of 1BR/1BA units and offers significant repositioning potential in a growing rental market. Property is partially occupied at the time of listing, with remaining units vacant or in need of renovation. This is a classic value-add opportunity for experienced investors seeking to increase income through improvements, lease-up, and operational optimization. Property requires renovation and is best suited for investors, operators, or contractors familiar with multifamily repositioning projects. Sold strictly as-is, where-is with no seller repairs or credits. Buyer to conduct full due diligence regarding condition, occupancy, zoning, permits, and financial performance. Seller makes no warranties regarding condition or future income. Property is NOT located within a FEMA Special Flood Hazard Area (SFHA) according to available public records. Seller financing may be available for qualified buyers. Property offers strong repositioning potential in an area with increasing rental demand and convenient access to downtown Rome, shopping, employment, and major corridors. Several units currently occupied, providing immediate income while renovations and improvements are completed. Seller financing available for qualified buyers, creating a rare opportunity to acquire a multifamily asset with flexible terms and fast closing potential. Ideal for investors seeking a value-add project without traditional bank delays. Property sold as-is. Buyer to verify all information, rents, measurements, zoning, condition, and future use potential during due diligence.
54 days
|
210
|
6
|
Zillow last checked:
Listing updated:
Listed by:
Henry Pailles6196788678,
Carnegie Cap
Source: GAMLS,MLS#: 10766886
Loading...
Facts & features
Interior
Heating
Central, Other
Cooling
Central Air, Other
Features
Basement: None
Has fireplace: No
Property
Parking
Parking features: Off Street
Features
Levels: One
Stories: 1
Lot
Size: 1 Acres
Details
Parcel number: I14W 410
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick
Condition
Fixer
New construction: No
Year built: 1970
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Water Individual Meters, Electricity Individual Meters
Community & HOA
Community
Features: None
Subdivision: Pennington Survey Addn
HOA
Has HOA: No
Services included: None
Location
Region: Rome
Financial & listing details
Annual tax amount: $6,404
Date on market: 5/18/2026
Cumulative days on market: 54 days
Listing agreement: Exclusive Right To Sell
Listing terms: 1031 Exchange,Cash,Other,Private Financing Available
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.