#1389469, Listing Office: Coldwell Banker Kinard Realty - Ga
164-190 Poteet Rd Chatsworth, GA 30705
Property details
About 164-190 Poteet Rd
Incredible Multifamily Portfolio with Development Opportunity on Poteet Road Discover a unique chance to own a bundled investment property portfolio with immense earning potential. Nestled at the foot of the picturesque Grassy Mountain, this 2.75-acre estate boasts three income-generating properties with nearly 200 feet of serene creek frontage. Plenty of acreage to develop additional multifamily, short-term or long-term rentals. Here's what's included: 164 Poteet (Single-Family Home) • 2 Bed, 2 Bath with an in-ground swimming pool • Currently rented for $1,800/month • Spacious acreage with potential for additional rentals 190 Poteet (Duplex) Two units, each 2 Bed, 1 Bath (840 sq. ft. per unit) • Current rents are $500 and $800/month (below market) 168 Poteet (Triplex - New Construction) • New construction with three units: • 2 units are 2 Bed, 1.5 Bath • 1 unit is 2 Bed, 1 Bath • Rented for $1,150, $1,250, and $1,300/month Financial Highlights: • Gross Yearly Rent: $81,600 • Upside Potential: Opportunity to bring rents to market rate and develop the extra acreage for short- or long-term rentals. Details: • Tenant-occupied: Showings available after an accepted offer. • All three properties are sold as a package and will not be separated. Don't miss out on this rare investment opportunity with multiple income streams and significant growth potential. All offers will be reviewed!
Highlights
Summary
- MLS Number: 1503832
- MLS Name: Greater Chattanooga REALTORS®
- Office Name: Berkshire Hathaway HomeServices Realty Center
- Office Phone: (423) 756-9999
- Office Email: byronk@realtycenter.com
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$925,000
164-190 Poteet Rd
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Eton Elementary School
Public District PK-6
3.3 mi
•829 Highway 286
6
Northwest Elementary School
Public District PK-6
3.5 mi
•110 McEntire Cir
6
Woodlawn Elementary School
Public District PK-6
4.9 mi
•4580 Highway 225 N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,223. The majority of Chatsworth, GA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 164-190 Poteet Rd in Chatsworth, GA and zip code 30705. This 840 square foot home, which was built in 1984, sits on a 2.75 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $925,000.
Over 2 listings were sold over their listed price in February 2025 in Chatsworth, GA. In the same period over 10 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Chatsworth, GA increased by 8.6% between January and February 2025. While the average time on the market in February 2025 was 49 days, the median list price was $260,000.