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Wright Abney

wright.abney@hardyrealty.com +1(770) 324-0645

$ 1,100,000

Est. payment | -/mo

1 Acres Lot

Save

$ 1,100,000

Est. payment | -/mo

Save

1 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10836412

HOA Y/N No

Year Built 1987

Annual Tax Amount $3,184

Tax Year 2025

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 1

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

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 with convenient access to major roads and I-75, the property combines a quiet North Georgia setting with accessibility to surrounding communities. Whether you're expanding an existing portfolio or looking for your first multifamily investment, 621 Nicklesville Road offers scale, multiple income streams, and long-term potential in one property.

Location

State GA

County Gordon

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air, Electric

Fireplace No

Exterior

Parking Features Off Street, Over 1 Space per Unit

Community Features None

Utilities Available Electricity Individual Meters, Gas Individual Meters, Water Individual Meters

View Y/N No

Garage No

Private Pool No

Building

Faces Take Exit 320 - GA-136 / Resaca / LaFayette. If you're coming northbound, turn right onto GA-136 / Resaca Beach Blvd. If southbound, turn left. Go approximately 0.4 miles on GA-136. Turn left onto US-41 / Battlefield Parkway. Go approximately 0.1 mile. Turn right onto GA-136 / Nicklesville Road. Co

Sewer Septic Tank

Water Public

Level or Stories One

Structure Type Brick

New Construction No

Schools

Elementary Schools Tolbert

Middle Schools Ashworth

High Schools Gordon Central

Others

HOA Fee Include None

Tax ID 040 002

Special Listing Condition Updated/Remodeled

621 Nicklesville RD NE Resaca, GA 30735

Wright Abney

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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621 Nicklesville RD NE