Description
Investment opportunity! Former BBQ restaurant, studio apartment and a 900+/- square foot rental property is being offered as part as an investment package. The potential rental income for the properties are: studio apartment - @$925/mth, separate house - @$1200/mth and the fully equiped restaurant - @$1500 per month, but the combined rental income opportunity for the entire investment package is @$5,725/mth! The package includes five potential rental properties and a restaurant. The restaurant is turn key ready with all equipment in place. THESE PROPERTIES ARE BEING SOLD COMBINED WITH ADDITIONAL SURROUNDING PROPERTIES. SELLER WILL NOT SEPARATE. THE PURCHASE PRICE FOR THE COMBINED PROPERTIES IS $542,000. See additional MLS numbers... 1363227, 1363228, and 1363230
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2BEDS
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0.41ACRES
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2BATHS
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01/2 BATHS
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1,937SQFT
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$171$/SQFT
School Information
Description
Investment opportunity! Former BBQ restaurant, studio apartment and a 900+/- square foot rental property is being offered as part as an investment package. The potential rental income for the properties are: studio apartment - @$925/mth, separate house - @$1200/mth and the fully equiped restaurant - @$1500 per month, but the combined rental income opportunity for the entire investment package is @$5,725/mth! The package includes five potential rental properties and a restaurant. The restaurant is turn key ready with all equipment in place. THESE PROPERTIES ARE BEING SOLD COMBINED WITH ADDITIONAL SURROUNDING PROPERTIES. SELLER WILL NOT SEPARATE. THE PURCHASE PRICE FOR THE COMBINED PROPERTIES IS $542,000. See additional MLS numbers... 1363227, 1363228, and 1363230
412 James St Rossville, GA 30741
Property Description
Exterior MasonrySiding Exterior Features PorchPorch Covered Foundation Block Garage Parking Off Street Parking Lot Description Flood Ins May Be RequiredLevel Lot Size Dimensions 66 X 250 Roof MetalShingle Windows Insulated
Appliances DryerElectric Range - Free StandingMicrowaveWasherWater Heater - Electric Basement Crawl Space Baths Total 2.00 Bedroom Additional Desc Dim Studio Apartment Beds And Baths Tub/Shower Combo Cooling CentralElectric Dining Eat-In-Kitchen Fireplaces 0.00 Floors Hardwood SolidTile Heating CentralElectric Number Of Rooms 6 Rooms Bathroom 1BedroomKitchenLiving Room
Association Fee 0 Auction No Builders Warranty No Community Features None Description 1 Level2 LevelSite Built Financing CashConventional Home Warranty No Possession Negotiable Senior Community YN No Taxes 1629.06 Type Of Sale Home Owner Utilities Cable Lines/Above GroundElectric Lines/Above GroundTelephone Lines/Above Ground Water Sewer On SewerPublic Water
Listing information © 2023 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Palmerhouse Properties: (706) 956-4343.
