1 Acres Lot
1 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7828125
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1987
Annual Tax Amount $3,184
Tax Year 2025
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
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
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Luxury Vinyl
Window Features None
Exterior
Parking Features Parking Lot, Paved
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Waterfront Description None
View Y/N Yes
View Rural
Roof Type Metal
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Rectangular Lot
Story One
Sewer Septic Tank, Shared Septic
Water Public
Level or Stories One
Structure Type Brick
Construction Status Updated/Remodeled
Schools
Elementary Schools Tolbert
Middle Schools Ashworth
High Schools Gordon Central
Others
Senior Community no
Nearby Locations