5 Orlystus Dr Sw, Rome, GA

Name: 5 Orlystus Dr Sw, For Sale in Rome - eXp Commercial Brokerage
Brand: Carnegie Cap
SKU: 10571026
Price: 500000 CAD

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage No

Taxes $2,266

Days Active 1

Lot Size

Approx. Age 1966

MLS® Number 10571026

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Beautiful brick building in Rome GA, few blocks from Downtown Rome 3 blocks away, beautiful Coosa River, 2 blocks away, Coosa Golf Course (and million dollar homes), Berry College, and Atrium Health, Floyd Medical Center, Desirable Southern charm, 4-Unit Multifamily Townhomes, all: 2 Bedroom / 2 Bathroom, 2-Story Layout, plenty of parking. * Current Occupancy: Vacant. Post-Renovation Rent Potential: o Low Case: $1, 400/unit o Mid Case: $1, 500/unit o High Case: $1, 600/unit Renovation Estimated budget: $50, 000 - $60, 000 Location: 2 blocks from Coosa Valley Golf Course and million-dollar homes, walking distance to Downtown Rome, Berry College, and Atrium Health Floyd Medical Center and big Franchise stores. Investment Highlights: Premium Brick Townhomes: Classic all-brick construction with two-story layouts, individual HVAC units, and private entrances. Branched utilities (Water and power) Fully Vacant for Immediate Repositioning: Full control to renovate and lease at market rates. Great potential for student rental. Rent Growth Upside: Estimated market rents support $1, 400-$1, 600/month depending on finish level. Light Value-Add: Modest renovation budget of ~$55, 000 opens door to significant value creation. Stabilized Cash Flow & Appreciation: High-demand product type in a strong submarket with limited competition. Financial Summary: Stabilized Income Potential: Scenario Monthly Gross Income Annual Gross Income Low Case $5, 600 mo year $67, 200 Mid Case $6, 000 mo year $72, 000 High Case $6, 400 mo year $76, 800 "At $125K per unit, these large 2-bed, 2-bath townhomes are under replacement cost." "Location is walkable to Downtown Rome, golf, university, river and hospital-everything tenants want." "Solid brick construction with easy renovations means faster lease-up and long-term durability." "Expect strong demand for this rare 2-story townhome layout in a low-vacancy submarket."Show Description

MLS® Number10571026

Laundry Level

Central VacNo

FireplaceNo

Acreage0

Exterior

GarageNo

Approx. Age1966

BasementNone

DrivewayOff Street, Over 1 Space per Unit

Garage Spaces

HeatElectric

A/CCentral Air

Heating Fuel

Extras

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