Discover a unique income-producing opportunity at 281 Chatham Rd in Homer, GA! Situated on 3.53 acres, this property offers multiple existing income streams along with exciting potential for future growth. The property features a cell tower generating approximately $1,200 per month in income, plus a mobile home currently producing $1,000 per month in rental income, with potential rent estimated at approximately $1,300 per month. Together, the existing income sources provide an attractive opportunity for investors looking for immediate cash flow. A peaceful creek runs along the back of the property, adding natural character to the spacious setting. With 3.53 acres, there is also plenty of room to explore adding additional mobile homes or building another home on the property. Whether you’re looking for an income-producing investment, additional development potential, or acreage with multiple possibilities, 281 Chatham Rd offers a rare combination of land, existing rental income, and cell tower revenue.
Property Details
- Interior
- Other
- Cooling
- Central Air
- Heating
- Central
- Cooling Features
- Central Air
- Bedrooms
- 2
- Bathrooms
- 1.0
- Full Baths
- 1
- View
- Other
- Lot Features
- Level
- Stories
- 1
- Lot Description
- Level
- Acres
- 3.53
- Square Feet
- 1216
- Lot Size (sqft)
- 200 x769
- Parking Spaces
- 2
- Property Type
- Purchase
- Style
- Traditional
- Year Built
- 1995
- Foundation
- Block
- Roof
- Metal
- Sewer Information
- Septic Tank
- Utility Source
- Public
- Utility Features
- Other
- Appliances
- Other
- Subdivision
- none
- Elementary School
- Banks County
- Middle School
- Banks County
- High School
- Banks County
- County
- Banks - GA
- Region
- Homer
- Original List Price
- $375,000
- Taxes Annual
- $22,845
Location
Legal
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Provided By
Listed by Raphael Merilien (#RMERILIEN)
Listing Office: Vylla Home (#APRE01)
