Description

Now available is a fully leased 8-unit multifamily complex at 703 School Street in Dalton, GA, offering a turnkey investment opportunity with reliable returns. The property generates a strong annual gross income of $74,100, with tenants responsible for all utilities—ensuring low operating costs and efficient cash flow. Located in a high-demand rental market just minutes from downtown Dalton, schools, shopping, and I-75, the complex benefits from consistent tenant demand. Each unit is occupied by long-term renters, and the property has been well-maintained, requiring minimal oversight from ownership. With 100% occupancy and immediate income, this asset provides a stable and hassle-free investment.

Listing Details

  • Cap Rate

    6.25%

  • Tenancy

    Multi

  • Space Type

    Multifamily

  • Sub Category

    Single Family Rental Portfolio

  • Date Listed

    9/24/2025

  • Investment Type

    Stabilized

  • Net Operating Income

    $62,400

  • Parking Info

    16 Spaces

Property Specifics

  • Property Name

    703 School St

  • Property Class

    B

  • No of Buildings

    3

  • No of Stories

    2

  • No of Units

    8

  • Year Built

    1988

  • Building Size

    8,008 SF

  • Lot Size

    0.65 Ac

  • APN

    12-220-19-008

  • Zoning

    R2

  • Occupancy

    100%