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460 Richardson Rd, Calhoun, GA 30701

$1,995,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
460 Richardson Rd, Calhoun, GA 30701View this property at 460 Richardson Rd, Calhoun, GA 30701
460 Richardson RdCalhounGA30701

Property Description

44 units in Calhoun, Georgia in Gordon County. One mile from I-75. 24 one bedroom units and 20 two bedroom units. One section was constructed in 1978 and the newest section in 1985. These are family built, owned and managed. The owners have kept the monthly rent at a level where there has been very little turnover. There is substantial upside once rent rates are adjusted to meet local comps. These units are total brick and are located close to shopping, schools and healthcare. New roofs were installed in fall of 2017. Good employment base of manufacturing, logistics and service industry jobs in the community. The complex showed a net of $151,621.91 revenue over expenses for 2017. Financials and rent rolls are available through listing
agent.

Full Property Detailsfor 460 Richardson Rd

General

  • Price: $1,995,000
  • Taxes: $5,273 (2016)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 8046306
  • Updated: 3/7/2018
  • Added: 628 day(s) ago

Property History

  • 460 Richardson Rd, Calhoun, GA
  • Reduced to $1,995,000 on 11/17/17
  • Listed at $2,268,000 on 8/2/16

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6
  • Bedrooms Upper: 1
  • Bedrooms-Up1: 1

Location

  • Area: GDN2
  • County: Gordon
  • Subdivision: Bagwell Apartments
  • Driving Directions: From Hwy 53 in Calhoun turn off onto Richardson Road. The apartments are on the left about .5 mile down. Bagwell Apartments

School Information

  • Elementary School: Calhoun City
  • Middle School: Calhoun City
  • High School: Calhoun City

Heating & Cooling

  • Cooling Type: Electric, Central Air Conditioning
  • Heating Type: Central
  • Heating Fuel: Electricity

Utilities

  • Water/Sewer: Public Water

Structural Information

  • Construction Status: Resale
  • Construction: Brick (4 Sides)
  • Basement Desc.: Slab/None
  • Stories/Levels: 2 Stories
  • Stories Description: 2 Stories
  • Year Built: 1978

Unit Information

Unit 1

  • Finished Square Feet: 480
  • Bedrooms: 1

Unit 2

  • Finished Square Feet: 504
  • Bedrooms: 1

Unit 3

  • Finished Square Feet: 960
  • Bedrooms: 2

Unit 4

  • Finished Square Feet: 882
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 1.96
  • Lot Size Source: Public Record

Financial Considerations

  • Price Per Sq. Ft.: $1,017,857.14
  • Tax Amount: $5,273
  • Tax Year: 2016

Listed by Toles, Temple & Wright, Inc.

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Schools

Schoolsserving 460 Richardson Rd

School District:Calhoun City Schools
School Name
Grades
Distance
Calhoun Primary School
102 Raymond King Dr, Calhoun, GA 30701
PK-2
1.8 mi
Calhoun Elementary School
101 Raymond King Dr, Calhoun, GA 30701
3-5
1.8 mi
Calhoun Middle School
399 S River St, Calhoun, GA 30701
6-8
2.7 mi
Calhoun High School
355 S River St, Calhoun, GA 30701
9-12
2.8 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 460 Richardson Rd

Listed by Toles, Temple & Wright, Inc.

460 Richardson Rd, Calhoun, GA 30701 (MLS# 8046306) is a Multi-Family property with 44 units containing 6 bedrooms and 4 full bathrooms. 460 Richardson Rd is currently listed for $1,995,000 and was received on August 02, 2016. Want to learn more about 460 Richardson Rd? Do you have questions about finding other Multi-Family real estate for sale in Calhoun? You can browse all Calhoun real estate or contact a Coldwell Banker agent to request more information.