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House
·
for sale
USD 1,100,000
621 Nicklesville Road NE
Echota
· House
· Parking
Echota · House · Parking
An exceptional opportunity for investors seeking an established multifamily property with immediate income potential. Located on Nicklesville Road in Resaca, this well-maintained 8-unit property offers a versatile mix of six 3-bedroom, 1-bath apartments and a duplex with 2-bedroom, 1-bath units, providing a strong combination of unit sizes for today's rental market. The property offers approximately 7,600+ square feet of living space and was constructed in 1987. Each unit provides functional living areas with comfortable floor plans, while the property as a whole offers convenient parking and a layout designed for multifamily living. The current rental structure provides approximately $88,200 in annual gross income, with reported annual expenses of approximately $15,906, resulting in an estimated $72,294 NOI. At the current asking price, the property offers an attractive opportunity for an investor looking to acquire an income-producing multifamily asset. Situated in the Resaca area wi
An exceptional opportunity for investors seeking an established multifamily property with immediate income potential. Located on Nicklesville Road in Resaca, this well-maintained 8-unit property offers a versatile mix of six 3-bedroom, 1-bath apartments and a duplex with 2-bedroom, 1-bath units, providing a strong combination of unit sizes for today's rental market. The property offers approximately 7,600+ square feet of living space and was constructed in 1987. Each unit provides functional living areas with comfortable floor plans, while the property as a whole offers convenient parking and a layout designed for multifamily living. The current rental structure provides approximately $88,200 in annual gross income, with reported annual expenses of approximately $15,906, resulting in an estimated $72,294 NOI. At the current asking price, the property offers an attractive opportunity for an investor looking to acquire an income-producing multifamily asset. Situated in the Resaca area wi
USD 1,100,000