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List Price $440,000
Units 3
Price / Unit $146,667

High-demand multifamily opportunity in Calhoun, GA

Properties with strong cash flow potential in this market typically receive multiple offers quickly.

1943 Rome Road SW Calhoun, GA 30701
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Rare opportunity to acquire a versatile, income-generating property with three potential rental units and strong cash flow upside. Ideal for investors, house hackers, or multi-generational living with built-in income. The main residence offers 2,570 sq ft of single-level living with flexible configuration options: • Operate as a 3 bed 3 bath primary home with a 2 bed 1 bath attached apartment • Or convert to a 4 bed home with a 1 bed 1 bath apartment • Four-sided brick construction with updated finishes and hardwood flooring The attached apartment functions as a fully independent living space with its own kitchen, living area, laundry, and private suite—positioned for consistent rental income. A detached guest house (~624 sq ft) creates a third income opportunity, complete with bedroom, bathroom, living area, kitchenette, plus a garage workshop and private outdoor space. Projected Market Rents: • Main home: $2,200–$2,500/month • Attached apartment: $800–$1,000/month • Detached guest house: $800–$900/month Total Potential Gross Rent: $3,800–$4,400/month Utilities are currently on a single meter. Per conversations with the county, there is potential to separate utilities, offering additional value-add opportunity for improved expense control and tenant billing (buyer to verify). Situated on a level 1.53-acre lot with fenced areas and barn space, the property also appeals to tenants seeking privacy, storage, or hobby farming—features that can support premium rents. Previous rental arrangements were below market due to family occupancy, leaving clear upside for an investor to stabilize and increase income. Multiple exit strategies: long-term rentals, short-term rental potential, or live-in investment.
Investment Context for Calhoun Multifamily:
  • Located in the Calhoun, GA area with access to regional employment centers
  • Typical value-add potential through professional management and improvements
  • Multifamily rental demand varies by submarket — local verification recommended
  • Cash flow performance depends on occupancy, expenses, and market conditions
PROFESSIONAL INVESTMENT ANALYSIS

Modeled using FMLS data + Atlanta market benchmarks

Price per Unit $146,666.67 Verified
Est. Cap Rate 📊 Cap Rate Modeled
Est. Gross Income 📊 Gross Modeled
Est. NOI Estimated
Est. Year 1 Cash Flow after estimated debt service 📊 Cash Flow Modeled
✅ Confidence scores included ✅ Latest FMLS data ✅ Transparent modeling
CASH FLOW PROJECTION TOOL

Adjust assumptions to see personalized 5-year projections (Using market-based estimate)

Year 1 NOI $0
Year 1 Cash Flow $0
Year 1 Cash-on-Cash 0%
Est. Year 5 Property Value $0
Total 5-Year Cash Flow $0
* These are estimates based on available listing data and Atlanta metro market benchmarks. Detailed seller financials were not provided, so NOI was modeled conservatively. Always verify all numbers independently and consult your own professionals before making investment decisions.
SIMILAR INVESTMENT OPPORTUNITIES

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IMPORTANT INVESTMENT DISCLAIMER
Important Investment Information

All financial estimates (NOI, Cap Rate, Cash Flow, Year 5 projections, etc.) are modeled using Atlanta metro market benchmarks combined with available FMLS listing data.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7764512 • Listing courtesy of Maximum One Community Realtors, Devin Childers • 770-356-3561

IDX Information Provided by Jeff Crowe • jeffcrowe@c21theavenues.com
FMLS • Updated Daily • Investor Analyzed