108 Grant Street

108 Grant Street, Tallapoosa, GA 30176

For Sale
MLS Number 10654638
14 Bedrooms
6 Bathrooms
0 Half Baths
Square Footage - 6,500 *estimated
DO NOT DISTURB TENANTS! Excellent investment opportunity in the city limits of Tallapoosa. This income-producing property includes five mobile homes, one single-family home, and three additional vacant pads, all serviced by city water and city sewer. The property generates strong, consistent income with a current net operating income of approximately $60,000 per year, after accounting for taxes, insurance, water, trash service, landscaping, and management. All units have been updated and turned, offering low ongoing maintenance needs. Four of the five mobile homes have new metal roofs, and all units feature updated electrical, updated plumbing, new flooring, new hot water heaters, and newer appliances. The single-family home has also been updated. Most major systems have already been addressed, making this a largely turnkey investment. The park includes three vacant sites that offer clear value-add potential for increased revenue through long-term tenants, short-term stays, or placement of additional park-owned homes. Separate electric meters are in place for all units, and city services provide predictable operational expenses. Located in a quiet area within Tallapoosa city limits, this property offers stable tenancy, reliable utilities, and straightforward management. Opportunities of this size, condition, and cash flow profile are rarely available in this market. Owner financing may be considered.
County
Neighborhood
Year Built
1985
Lot Size
.5 to 1 Acre
Taxes
$769
High School
Middle School
Elementary School
Appliances
Electric Water Heater,Oven/Range (Combo),Refrigerator
Architectural Style
Modular Home
Association
No
Association Fee Includes
Sewer
Foundation
Crawl Space
Community Features
Walk To Shopping
Construction Materials
Vinyl Siding
Flooring
Vinyl
Heating
Propane
Home Warranty
No
Laundry Features
Laundry Closet
Levels
One
Lot Features
City Lot
Lot Size Estimated
0.51
Tax ID Number
0034B0173
Parking Features
Over 1 Space per Unit
Selling Status
Updated/Remodeled
Roof
Metal
Rooms
Family Room
Sewer Type
Public Sewer
Total Finished Area
6,500
Utilities
Sewer Connected
Water Source
Public
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Summary of 108 Grant Street
108 Grant Street is a 6,500 (*estimated) square foot home with 14 bedrooms and 6 bathrooms located in Tallapoosa GA, Haralson County. This property is listed for sale at $550,000 and is currently active and accepting offers.
listed by real estate agent 108 grant st llc and courtesy of southern homes & land realty
The Rains Team
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404-620-4571
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Our Financing Partner
Dalton Carter
Lender
Lic. 1566538
Office:
Direct: 678-425-4140
AP Mortgage
340 Jesse Jewell Parkway
Suite 500A
Gainesville, GA 30501
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