3 Orlystus DR SW, Rome, GA 30161
3 Orlystus DR SW, Rome, GA 30161
3 Orlystus DR SW, Rome, GA 30161
3 Orlystus DR SW, Rome, GA 30161
3 Orlystus DR SW, Rome, GA 30161
3 Orlystus DR SW, Rome, GA 30161
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Alvin Slate

Alvin Slate

+1(470) 944-7167
$ 675,000
Est. payment | /mo

1 Acres Lot

Save
$ 675,000
Est. payment | /mo
Save

1 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Pennington Survey Addn

MLS Listing ID 10766886

HOA Y/N No

Year Built 1970

Annual Tax Amount $6,404

Tax Year 25

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 1

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

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.

Location

State GA

County Floyd

Rooms

Bedroom Description No

Basement None

Interior

Heating Central, Other

Cooling Central Air, Other

Fireplace No

Exterior

Parking Features Off Street

Community Features None

Utilities Available Water Individual Meters, Electricity Individual Meters

View Y/N No

Garage No

Private Pool No

Building

Faces GPS friendly, use Google Maps or Apple Maps.

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

New Construction No

Schools

Elementary Schools Anna K Davie

Middle Schools Rome

High Schools Rome

Others

HOA Fee Include None

Tax ID I14W 410

Acceptable Financing 1031 Exchange, Cash, Other, Private Financing Available

Listing Terms 1031 Exchange, Cash, Other, Private Financing Available

Special Listing Condition Fixer

Georgia MLS - GAMLS
© 2026 Georgia Multiple Listing Service. All Rights Reserved.
Alvin Slate
Alvin Slate

Agent License ID: 404817

+1(470) 944-7167 | alvin.slate@exprealty.com

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3 Orlystus DR SW