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.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
