$675,000
3 Orlystus Drive SW, Rome GA 30161
Rome, GA, 30161
Listing Courtesy of: Carnegie Cap
About this home
Value-add 10-unit multifamily investment opportunity in Rome, GA with strong upside through renovation and lease-up. Property consists primarily of 1BR/1BA units and offers significant repositioning potential in a growing rental market. Property is partially occupied at the time of listing, with remaining units vacant or in need of renovation. This is a classic value-add opportunity for experienced investors seeking to increase income through improvements, lease-up, and operational optimization. Property requires renovation and is best suited for investors, operators, or contractors familiar with multifamily repositioning projects. Sold strictly as-is, where-is with no seller repairs or credits. Buyer to conduct full due diligence regarding condition, occupancy, zoning, permits, and financial performance. Seller makes no warranties regarding condition or future income. Property is NOT located within a FEMA Special Flood Hazard Area (SFHA) according to available public records. Seller financing may be available for qualified buyers. Property offers strong repositioning potential in an area with increasing rental demand and convenient access to downtown Rome, shopping, employment, and major corridors. Several units currently occupied, providing immediate income while renovations and improvements are completed. Seller financing available for qualified buyers, creating a rare opportunity to acquire a multifamily asset with flexible terms and fast closing potential. Ideal for investors seeking a value-add project without traditional bank delays. Property sold as-is. Buyer to verify all information, rents, measurements, zoning, condition, and future use potential during due diligence. SELLER FINANCING AVAILABLE - QUALIFIED BUYERS ONLY: Seller may consider short-term seller financing IN 1ST POSITION with minimum 25%-30% cash equity from Buyer, depending on purchase price and overall structure. Seller financing to be secured by a first-priority lien/security deed only. Buyer may not obtain financing secured by the Property that places Seller in a subordinate or second-lien position. Market-rate interest, monthly payments, loan origination fee, and balloon payoff generally within 12-24 months. No zero-interest, below-market, deferred-payment, long-term, or negative-amortization proposals. Seller financing terms subject to Buyer financial qualification, verification of source of down payment, and Seller approval.
- Property type
- Multi Family
- Year built
- 1970
- Lot size
- 1 ac
- Annual tax
- $6,405
- MLS #
- 10766886
Recently sold
These are past sales of other homes, not an estimate of this home’s value.
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