$440,000
Rare opportunity to acquire a versatile, income-generating property with three potential rental units and strong cash flow upside. Ideal for investors, house hackers, or multi-generational living with built-in income.
The main residence offers 2,570 sq ft of single-level living with flexible configuration options:
• Operate as a 3 bed 3 bath primary home with a 2 bed 1 bath attached apartment
• Or convert to a 4 bed home with a 1 bed 1 bath apartment
• Four-sided brick construction with updated finishes and hardwood flooring
The attached apartment functions as a fully independent living space with its own kitchen, living area, laundry, and private suite—positioned for consistent rental income.
A detached guest house (~624 sq ft) creates a third income opportunity, complete with bedroom, bathroom, living area, kitchenette, plus a garage workshop and private outdoor space.
Projected Market Rents:
• Main home: $2,200–$2,500/month
• Attached apartment: $800–$1,000/month
• Detached guest house: $800–$900/month
Total Potential Gross Rent: $3,800–$4,400/month
Utilities are currently on a single meter. Per conversations with the county, there is potential to separate utilities, offering additional value-add opportunity for improved expense control and tenant billing (buyer to verify).
Situated on a level 1.53-acre lot with fenced areas and barn space, the property also appeals to tenants seeking privacy, storage, or hobby farming—features that can support premium rents.
Previous rental arrangements were below market due to family occupancy, leaving clear upside for an investor to stabilize and increase income.
Multiple exit strategies: long-term rentals, short-term rental potential, or live-in investment.
7764512
MLS
1943 Rome Sw Road, Calhoun
