164-190 Poteet Road
Description
164 Poteet (Single-Family Home) • 2 Bed, 2...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!
- Listed by Michael Morgan • Horizon Sotheby's International Realty
Property Details for 164-190 Poteet Road
Property Details for 164-190 Poteet Road
| Status | Active |
|---|---|
| MLS # | 1503832 |
| Days on Market | 105 |
| Taxes | $3,387 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Triplex |
| Year Built | 1984 |
| Lot Size | 2.75 AC / 119,790 SF |
| County | Murray County |
Building Information for 164-190 Poteet Road
Property Information for 164-190 Poteet Road
- City: Chatsworth
- County Or Parish: Murray
- Directions: From Hwy 411 to Crandell Ellijay Rd to Shorty Lents to Poteet.
- Latitude: 34.863757
- Longitude: -84.738519
- Postal Code: 30705
- State Or Province: GA
- Subdivision Name: None
- Flood Zone : Yes: Yes
- Road : Gravel: Yes
- Tax Legal Description: OFF SHORTY LENTS RD (DB 126-127,81-750)
- Parcel Number: 0062d 058
- Association Fee: $0
- Association: No
- Tax Annual Amount: $3,387
- Middle Or Junior School: New Bagley Middle
- High School: North Murray
- Elementary School: Eton Elementary
- Garage: No
- Attached Garage: No
- Lot Features: See Remarks
- Lot Size Acres: 2.75
- Living Area Source: Owner
- Lot Size Square Feet: 119790.0
- Building Area Total: 840.0
- Lot Size Units: Acres
- Living Area: 840.0
- Property Type Label: Residential Income
- New Construction: Yes
- Home Warranty: No
- Floor Plans Count: 0
- Year Built: 1984
- Property Type: Residential Income
- Property Sub Type: Triplex
- WaterSewer : Septic Tank: Yes
- Water Source: Public
- Utilities: Electricity Connected, Water Connected, Underground Utilities
- Senior Community: No
- Construction Materials: Other
- Pool Features: None
- Window Features: See Remarks
- Community Features: Park
- Parking Features: Asphalt, Gravel
- Exterior Features: Other
- Roof: See Remarks
- Roofing : Asphalt: Yes
- Structures : None: Yes
- Fireplace: No
- Appliances: Refrigerator, Oven, Microwave, Dishwasher
- Bathrooms Total Integer: 0
- Bathrooms Total Decimal: 0.0
- Bathrooms Total Notational: 0.0
- Cooling: Yes
- Heating: Yes
- Other Equipment: Other
- Foundation Details: Slab
- Cooling: Central Air
- Heating: Central
- Levels: Two
- Flooring: See Remarks
- Green Features : Central Air: Yes
- Cooling : Central: Yes
- Bed/Bath : None: Yes
- Number Of Units Total: 3
- Unit 1 Features : Den: No
- Unit 1 Features : Efficiency: No
- Unit 1 Features : Kitchen: Yes
- Unit 1 Features : Microwave: Yes
- Unit 1 Features : Refrigerator: Yes
- Unit 2 : Bedrooms: 2
- Unit 2 Features : Den: No
- Unit 2 Features : Efficiency: No
- Unit 2 Features : Separate Dining: No
- Unit 3 : Bedrooms: 2
- Unit 3 Features : Efficiency: No
- Unit 3 Features : Living Room: Yes
- Unit 3 Features : Separate Dining: No
- Unit 4 : Bedrooms: 2
- Unit 4 Features : Kitchen: Yes
- Unit 4 Features : Living Room: Yes
- Unit 4 Features : Separate Dining: No
- Tenant Pays: All Utilities
- Pets Allowed: Yes
- Tenant Pays : None: Yes
Property History for 164-190 Poteet Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 164-190 Poteet Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Eton Elementary School PublicPK to 6 | ||
New Bagley Middle School Public7 to 8 | ||
North Murray High School Public9 to 12 | ||
Pleasant Valley Innovative School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Horizon Sotheby's International Realty, Michael Morgan
Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.