2 & 4 Newman DR Pending Save Request In-Person Tour Request Virtual Tour
Rossville,GA 30741
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,764 sqft
Price per Sqft $289
MLS Listing ID 1522533
Year Built 1996
Lot Size 1.800 Acres
Acres 1.8
Lot Dimensions 125X321
Property Sub-Type Multi Family
Source Greater Chattanooga REALTORS®
Property Description
This investment package includes two duplexes on Newman generating $5,410/month ($64,920 annually). At 2 Newman, Unit 2A was updated in 2022 with a new HVAC, water heater, and accessibility features, and is leased through October 2025. Unit 2B is leased through July 2026 to tenants of 15+ years. At 4 Newman, Unit 4A is a remodeled, fully furnished, ADA-accessible 2 bed/1 bath with extensive accessibility features and furnishings beyond the basics, leased through August 2026. Unit 4B is leased through June 2026. The owner covers water, trash, and lawn care for all units, plus internet for Unit 4A. Both roofs will be four years old in November. These properties offer stable tenants, strong cash flow, and rare accessibility upgrades.
Location
State GA
County Walker
Area 1.8
Interior
Interior Features Eat-in Kitchen
Heating Ceiling
Cooling Central Air
Fireplace No
Appliance Oven
Heat Source Ceiling
Laundry Washer Hookup
Exterior
Parking Features Concrete,Driveway,Off Street
Garage Description Concrete, Driveway, Off Street
Roof Type Shingle
Porch Deck,Patio
Garage No
Building
Lot Description Level
Faces 75 S to Cloud Springs Exit. Turn right onto Cloud Springs to Lafayette Rd turn left then right on Hwy 2. Stay to the left on Hwy 2 toward Rossville. Tuen left onto Schmidt Rd then right at the end. Right then left on Jenkins at the light. Right on the second entrance of Circle Dr and left onto Newman. No sign
Story One
Sewer Septic Tank
Water Public
Schools
Elementary Schools Stone Creek Elementary School
Middle Schools Crossville
High Schools Ridgeland High School
Others
Senior Community No
Tax ID 0175 095a
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Pets Allowed Yes