134 Newtown, Calhoun, Georgia

Description

Parcel ID: 050 038 | Lot Size: 3.3 Acres | Units: 6 (1 Duplex, 1 Quadplex) Key Highlights Fully Leased: 100% occupancy, providing stable cash flow Recent Upgrades: 5 of 6 units fully or partially renovated with LED lighting, LVP flooring, appliances, fresh paint, and essential repairs Building Improvements: All siding, windows, and doors replaced; duplex balconies rebuilt; roof repairs completed Zoning & Development: City allows up to 46 units; property may be annexed with minimal effort Utilities: Gas and electric metered separately; landlord pays water for quadplex; septic systems in place with dormant city sewer hookup for expansion. Investment Highlights Immediate, stabilized cash flow from fully leased units Low near-term capex with most upgrades completed Future expansion opportunity with up to 46 units allowed by city zoning Convenient utilities and infrastructure with potential city sewer connection

Directions: Duplex (Units 1 & 2) Configuration: Split-level, three stories Middle Level: Entrance, kitchen, dining area Upper Level: Two bedrooms, full bath; master bedroom features a balcony with French doors Lower Level: Living area with French doors to patio, half bath, laundry hookup Utilities: Separate meters for gas and electricity; tenants pay all utilities Recent Upgrades: Siding, windows, and doors replaced (September 2022) Balconies rebuilt ($51, 000) Roof repairs (August 2022, $8, 955.33) Mini blinds installed on all windows Unit 1: Full remodel (March 2023), new HVAC (August 2025), repainted (October 2025) Unit 2: Full remodel (May 2023, LVP flooring throughout), repainted (October 2025) Quadplex (Units 3-6) Configuration: Two levels Upper Level: Two bedrooms, full bath Lower Level: Kitchen, dining area, living area, half bath, laundry hookup, French doors to patio Utilities: Separate meters for electricity and gas; landlord pays water (single meter for all units). Septi