Stabilized income producing quadruplex located walking distance from historic downtown Ellijay. Due to the high rental demand in the area, vacancy rates are relatively low leading to a strong preformance trend. The seller has yet to increase rents to market level which leaving significant upside potential to the new owner. Several exterior renovations have been completed including substantial landscaping, new paint, and a new galvanized steel roof. With the lack of tenant turnover, the seller has chosen not to begin interior renovations, leaving an investor additional value add opportunity and room for rent growth.
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.
