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  • $330,000

    401 Chateau Dr, Rome, GA 30161

    8beds
    --baths
    --sqft
    Multi Family, Quadruplex
    Built in 1981
    -- sqft lot
    $365,900 Zestimate®
    $--/sqft
    $1,177 Estimated rent

    Home value

    $365,900

    $337,000 - $399,000

    $1,177/mo

    Zestimate® history
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    What's special

    Welcome to an exceptional investment opportunity-a magnificent quadraplex that combines functionality, and substantial potential for real estate investors. This stunning property offers four distinct units, each designed to provide comfort, style, and a lucrative rental income. Let's explore the captivating features that make this quadraplex an outstanding investment: Prime Location: Residents will appreciate the convenience of nearby amenities, including shopping centers, dining options, parks, and reputable schools, making it an attractive place to call home. Spacious Units: Each of the four units within the quadraplex offers generous living spaces, providing tenants with ample room to relax and enjoy their privacy. Well-designed floor plans offer comfortable bedrooms, inviting living areas, and functional kitchens, ensuring a comfortable and functional living experience. Income Potential: With four separate units, this quadraplex offers an excellent income-generating opportunity. Investors can choose to rent out all units simultaneously or occupy one unit while leasing the others, providing flexibility and the potential for consistent cash flow. High Rental Demand: The prime location and quality of this quadraplex ensure a strong rental demand. The surrounding area boasts a thriving rental market, attracting tenants who seek well-maintained and elegant living spaces. This demand maximizes occupancy rates and ensures a steady stream of income. Future Growth Potential: As an investor, you will appreciate the promising prospects of this property. The surrounding area is experiencing positive growth and development, with rising property values, ensuring potential appreciation in the years to come. This impressive 4-unit apartment building offers an ideal balance of location, features, and income potential. Whether you are an experienced investor expanding your portfolio or a first-time buyer seeking a profitable venture, this property represents an outstanding opportunity. Act now to secure your place in the thriving real estate market and reap the benefits of owning this remarkable building.

    Zillow last checked: 7 hours ago

    Listing updated: July 21, 2023 at 06:54pm

    Listed by:

    Trinie Davis 706-676-2425,

    Keller Williams Northwest,

    Elizabeth D Powell 706-676-2514,

    Keller Williams Northwest

    Bought with:

    Savanah Born, 395410

    Keller Williams Realty First Atlanta

    Source: GAMLS,MLS#: 20124175MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Heating
    • Central
    Cooling
    • Central Air, Electric
    Features
    • Basement: None
    • Has fireplace: No

    Property

    Parking
    • Parking features: Over 1 Space per Unit
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.35 Acres
    Details
    • Parcel number: J15Z 194

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Quadruplex
    Materials
    • Rough-Sawn Lumber, Stone
    • Foundation: Slab
    Condition
    • Resale
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Individual Meters, Sewer Connected, Water Individual Meters

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Rome
    • Subdivision: Crestridge Apartments

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional

    Price history

    DateEventPrice
    7/21/2023Sold$330,000-5.7%
    Source: GAMLS #20124175 Report a problem
    6/15/2023Pending sale$350,000
    Source: GAMLS #20124175 Report a problem
    6/12/2023Listed for sale$350,000
    Source: GAMLS #20124175 Report a problem
    5/30/2023Pending sale$350,000
    Source: GAMLS #20124175 Report a problem
    5/24/2023Listed for sale$350,000+20.7%
    Source: GAMLS #20124175 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,592 -0.9%$129,347 -1.1%
    2024$4,632 +25.8%$130,789 +24.7%
    2023$3,683 +46%$104,895 +57.9%

    Find assessor info on the county website

    Neighborhood: 30161

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: East Central
    • Middle: Rome
    • High: Rome

    Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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