



Value-add multifamily opportunity on South Dixie Highway featuring 11 income-producing units on 2.02 acres with strong in-place cash flow and expansion upside. All units were extensively remodeled in 2024-2025, minimizing near-term CapEx, with new roofs on the houses (2022) and apartments (2024). The property was upgraded from septic to city sewer with a heavy-duty pump station and new piping designed to support future expansion. Recently rezoned from R-6 to R-7 High Density Residential, the site includes a preliminary plan allowing six additional 600 SF units, increasing total potential to 17 units while remaining within zoning density requirements. Gross income over the past 12 months totals approximately $93,547.29, with detailed financials and documented capital improvements available.
| Type | School name | District name |
|---|---|---|
| High | Southeast | Not available |
| Not available | Not available | Not available |
| Elementary | Valley Point | Not available |
| Not available | Not available | Not available |
| Middle | Valley Point | Not available |
| Not available | Not available | Not available |
| Juniorhigh | Valley Point | Not available |
| Not available | Not available | Not available |
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $3391 | NZD $6,040* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Selling North Georgia Realty
Property ID: 110105782071
Original Property ID: 3yd-DMIGA-133897