346 Longwood Street, Chickamauga, GA 30707

$450,000
: 10
BD
: 7
BA
: 3,400
SqFt

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List Price: $450,000
Status: ACTIVE
MLS#: 1541221
Subtype: Residential Income
Year Built: 1986
Bedrooms: 10
Bathrooms: 7
Living Area: 3,400
Lot Size: 25,700
Acres: 0.59
Subdivision: Fair Acres

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Property Description

346 Longwood St offers a strong investment opportunity in Chickamauga with four well-maintained residential units, stable income, and room for future upside. The property has seen numerous updates throughout, with two units very recently renovated and additional improvements across the building including new flooring, fresh paint, updated fixtures, kitchens, appliances in select units, new decks, and new rain awnings. The property is currently income-producing with established tenants and presents an opportunity to increase rents over time as leases turn and additional improvements are made. Whether you are an investor looking to add a solid multifamily asset to your portfolio or an owner-occupant interested in house hacking, this property offers flexibility, cash flow, and long-term potential. Live in one unit while generating income from the other three, or lease all four units for a fully investment-focused approach. Conveniently located near everyday shopping, dining, local employers, and major routes through Chickamauga, the property offers a location that should continue to attract a broad tenant base. For an owner-occupant, it also provides the benefit of an accessible, convenient place to live while building equity and offsetting housing costs with rental income from the other units. A rare opportunity to acquire an updated four-unit property with immediate income, strong rental appeal, and future value-add potential.

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