Exceptional investment opportunity in the heart of town. This five-unit apartment complex offers a location that is hard to beat, surrounded by the town square, park, public swimming pool, library, local shops, and restaurants. Situated along the creek, tenants can even enjoy trout fishing right outside their back door. Each two-story unit features an eat-in kitchen, living room, half bath, and in-unit laundry room on the main level. Upstairs offers two bedrooms, a full bathroom, and a linen closet. The kitchens were updated several years ago, and the property has a history of strong rental income. Ample off-street parking provides added convenience for tenants. Whether you're looking to expand your investment portfolio or add a well-located income-producing property, this complex offers excellent potential.
| MLS # | 7818197 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1972 |
| Days On Site | 30 |
| Listing Provided By | Prestige Home Brokers | Christie Welch Carroll |
| Story(s) | 2 |
|---|---|
| Units | 5 |
| Acreage | 0.61 |
| Water Front | Yes |
| Property View | Creek, Stream, Other |
| Cooling | Central Air, Electric, Separate Meters |
|---|---|
| Heating | Central |
| Window Features | None |
| Accessibility Features | None |
|---|---|
| Lot Features | Flood Plain, Level, Other |
| Construction Materials | Brick 4 Sides |
| Roof | Composition, Tile |
| Fencing | None |
| Waterfront Features | None |
| Security Features | None |
| Parking Features | Parking Lot, Paved |
|---|
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Tax Annual Amount | 7679 |
|---|---|
| Tax Legal Description | LL872 3/4 PB 36-109 |
| Tax Parcel Letter | E19X-047 |
| Tax Year | 2025 |
| Community Features | None |
|---|
| State | GA |
|---|---|
| County | Floyd GA |
| City | Cave Spring |
| Zip Code | 30124 |
| Area | Floyd GA |
| Community Name | Cedar Creek Apartments |
| School District | Coosa |
| Elementary School | Alto Park |
| High School | Coosa |
| Listing VS Median (in Cedar Creek Apartments) | |
Price: $449,900 low | high Med: $0 On site: 30 low | high Med: | |
| State | GA |
|---|---|
| County | Floyd GA |
| City | Cave Spring |
| Zip Code | 30124 |
| Area | Floyd GA |
| Community Name | Cedar Creek Apartments |
| School District | Coosa |
| Elementary School | Alto Park |
| High School | Coosa |
| Listing VS Median (in Cedar Creek Apartments) | |
Price: $449,900 low | high Med: $0 On site: 30 low | high Med: | |