Bought with NON MLS SALES NON MLS SALES • NON MLS OFFICE
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150 SW Church Street Pelham, GA 31779
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Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Multi Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 4,978 sqft
Price per Sqft $83
Subdivision Pelham
MLS Listing ID 126111
Sold Date 11/12/21
HOA Y/N No
Annual Tax Amount $1,289
Tax Year 2020
Lot Size 0.490 Acres
Property Sub-Type Multi Unit
Property Description
Own a piece of history with this 1940's construction investment property. Four 2BR/1.5BA units located in the heart of the historic district of downtown / small-town Pelham GA w/ shopping, dining, entertainment, banking, etc all within a few blocks. Charming and welcoming appearance for this solid brick structure. Recent updating for these 4 units was well thought out to highlight all the craftsmanship and character that used to be built into landmark properties like this, but also to incorporate modern fixtures and design to attract and retain highest quality residents at premium rents. Refinished original hardwoods, fireplaces, built-in storage everywhere, 10' ceilings, sitting room, porches, stainless appliances, designer fixtures and finishes, etc - all are must see. Currently leasing on 12 mo leases for $995/mo, could easily setup for short term rental. 7.51% cap rate at 30% opex.
Location
State GA
Area 11-Other
Zoning COMIMP
Interior
Interior Features Other
Heating Central, Electric
Cooling Hardwood, Luxury Vinyl
Flooring Hardwood, Luxury Vinyl
Exterior
Exterior Feature Other
Pool None
Roof Type Metal
Porch Covered Patio
Building
Story Two
Sewer Public Sewer
Water Public
Others
Tax ID P0170-231-000
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