1211 Osburn Road, Chickamauga, GA 30707 (MLS# 1232826)

1211 Osburn Road, Chickamauga, GA 30707

$725,500

Property Type: Residential Income Square Footage: 14,000 Lot Size (sq. ft.): 74,052 Status: Closed

Current Price: $725,500 List Date: 8/12/2015 Last Modified: 9/09/2024

Overview

Description

A rare find! A total of fourteen units in choice Chickamauga location! They are top quality constructed and well designed and maintained! Excluding the single family home, they were all built in 2004 so the new owner can enjoy years of cash flow with minimal maintenance! There are a total of three units with 3 BR/2 ½ baths ($700 rent each) and ten units that are 2 BR/2 full baths (rent 600 each). The single family home is now rented to family @$600.00 per month but market rent is $700.00. It’s a wonderful area with high rental demand. It’s rare that a unit turns over but when one does become available it’s immediately rented! They have never had a unit ready to rent that stays empty for 30 days! $8700 monthly gross as-is. PLEASE DO NOT DISTURB TENANTS. DRIVE-BY BUT CONFIRM ALL SHOWI

Supplements: SHOWINGS THROUGH LISTING AGENT WITH AT LEAST A COUPLE OF DAYS NOTICE.

Listing Details MLS# 1232826

General Property Information

Number Of Units Total: 14
Stories: 2
Living Area: 14000
Year Built: 2004
New Construction YN: No
Home Warranty YN: No
Garage YN: No
Attached Garage YN: No
Carport YN: No
Lot Size Acres: 1.7
Lot Size Square Feet: 74052
Lot Size Dimensions: 1.7
Association YN: No
View YN: No
Waterfront YN: No
Basement YN: No
Fireplace YN: No
List Price/SqFt: 56.79
Sold Price/SqFt: 51.82

Property Features

Community Features: None Construction Materials: Brick; Other Cooling: Central Air; Electric Current Financing: Conventional Foundation Details: Slab Heating: Central Interior Features: Eat-in Kitchen Levels: Two Listing Terms: Cash; Conventional; Owner May Carry Lot Features: Level Owner Pays: Sewer Parking Features: Off Street Possession: Subject To Tenant Rights Roof: Shingle Tenant Pays: Electricity; Water Utilities: Sewer Connected Water Source: Public Lock Box Type: None

Contract Information

Listing Contract Date: 2015-08-11
Property Sub Type: Apartment
Occupant Type: Tenant

Location Tax and Legal

Street Number: 1211
Street Name: Osburn
Street Suffix: Road
County: Walker
State: GA
Postal Code: 30707
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: A rare find! A total of fourteen units in choice Chickamauga location! They are top quality constructed and well designed and maintained! Excluding the single family home, they were all built in 2004 so the new owner can enjoy years of cash flow with minimal maintenance! There are a total of three units with 3 BR/2 ½ baths ($700 rent each) and ten units that are 2 BR/2 full baths (rent 600 each). The single family home is now rented to family @$600.00 per month but market rent is $700.00. It’s a wonderful area with high rental demand. It’s rare that a unit turns over but when one does become available it’s immediately rented! They have never had a unit ready to rent that stays empty for 30 days! $8700 monthly gross as-is. PLEASE DO NOT DISTURB TENANTS. DRIVE-BY BUT CONFIRM ALL SHOWI
Directions: I-75 South to exit # 350, right at end of ramp (Batt. Pkwy) continue through Fort Oglethorpe (straight through red light at K-Mart) bear right onto Hwy 27, South by-pass, right on Osborn, property on left.

Status Change Information

Major Change Timestamp: 2015-12-07T15:43:00Z
Major Change Type: Status Change
Status Change Timestamp: 2015-12-07
Under Contract Date: 2015-10-15
Close Date: 2015-12-04
Close Price: 725500

More Information

Unit 1

Unit Number: 3
Total Full Baths: 2
Total Half Baths: Yes
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes

Unit 2

Unit Number: 10
Total Full Baths: 2
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes

Unit 3

Unit Number: 1 HOUSE
Total Full Baths: 2
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes

Unit 4

Unit Number: 3
Actual Rent: 700
Baths Total (Legacy): 2.5
Unit Remarks: Furnished: U, Stories: 2

Unit 5

Unit Number: 10
Actual Rent: 600
Baths Total (Legacy): 2
Unit Remarks: Furnished: U, Stories: 2

Unit 6

Unit Number: Yes
Actual Rent: 600
Baths Total (Legacy): 2
Unit Remarks: Furnished: U, Stories: 1

Historical Information

Public Historical Remarks 1: Owner Pays: Sewer. Unit 1 Features: + Half Bath, 2+ Baths. Unit 2 Features: 2+ Baths. Unit 3 Features: 2+ Baths.

Location, Tax, and Legal

Parcel Number: 0099-068
Office Exclusive: No
Elementary School: Cherokee Ridge Elementary
Middle Or Junior School: Rossville Middle
High School: Ridgeland High School
Tax Annual Amount: 5691
Tax Legal Description: PT LL 226 9TH DIST, 4TH SECT.
Deed Book: 1225
Deed Page: 664-665

Community Features

None: Yes

Construction Materials

Brick: Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Owner May Carry: Yes

Lot Features

Level: Yes

Possession

Subject To Tenant Rights: Yes

Utilities

Sewer Connected: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes
Electric: Yes

Foundation Details

Slab: Yes

Owner Pays

Sewer: Yes

Parking Features

Off Street: Yes

Tenant Pays

Electricity: Yes
Water: Yes

Current Financing

Conventional: Yes

Levels

Two: Yes

Heating

Central: Yes

Interior Features

Eat-in Kitchen: Yes

Roof

Shingle: Yes

Lock Box Type

None: Yes

Listing Office: RE/MAX Properties

Last Updated: September - 09 - 2024

Information deemed reliable but not guaranteed.