3158 Martha Berry Highway NE Rome, GA $ 1,000,000
3158 Martha Berry Highway NE
$ 1,000,000
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3158 Martha Berry Highway NE

Rome, GA, 30165
$ 1,000,000
Bedrooms15 Baths15.0

Monthly Estimate*

$ 6,985

3158 Martha Berry Highway NE, Rome, GA 30165 - Image 1
3158 Martha Berry Highway NE, Rome, GA 30165 - Image 2
3158 Martha Berry Highway NE, Rome, GA 30165 - Image 3
3158 Martha Berry Highway NE, Rome, GA 30165 - Image 4
3158 Martha Berry Highway NE, Rome, GA 30165 - Image 5
3158 Martha Berry Highway NE, Rome, GA 30165 - Image 6
3158 Martha Berry Highway NE, Rome, GA 30165 - Image 7
3158 Martha Berry Highway NE, Rome, GA 30165 - Image 8
3158 Martha Berry Highway NE, Rome, GA 30165 - Image 9
3158 Martha Berry Highway NE, Rome, GA 30165 - Image 10
3158 Martha Berry Highway NE, Rome, GA 30165 - Image 11
3158 Martha Berry Highway NE, Rome, GA 30165 - Image 12
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Multi-Family Home for sale in Rome, GA

for $1,000,000 with 15 bedrooms and 15 full baths. This home was built in 1952 on a lot size of 1.08.

Welcome to a unique opportunity to own a remarkable extended stay motel located on Martha Berry Highway in the charming city of Rome, GA. This property presents an exceptional investment prospect, boasting 15 units that cater to the growing demand for extended stay accommodations. Nestled conveniently along the highly sought-after Martha Berry Highway, this motel enjoys unparalleled visibility and accessibility as residents and guests are just moments away from a myriad of local attractions, including historic sites, vibrant dining establishments, and scenic parks. The property's strategic positioning offers easy access to major highways, ensuring seamless travel for all. Beyond the exceptional location, this extended stay motel presents an enticing investment opportunity. With the growing demand for extended stay options, you can capitalize on a market that seeks both comfort and convenience. The property's established reputation for quality service and its prime location will ensure a steady stream of clientele, promising attractive returns on your investment. Situated on over 1 acre along the highway with road frontage on two sides, this lot also presents exceptional upside for development within minutes of Rome Tennis Center (largest in the nation) and Berry College. Seize the opportunity to invest in a property that not only promises financial gain but also allows you to be a part of a thriving community. Contact us today to for more information!

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

15

Full Bath

15

Property Type

Multi-Family

Taxes

$ 5,282

Style

Lot Size

1.08

Year Built

1952

Town/City

Rome

County/Region

Floyd

MLS | Web ID

7266175

Features
General
Sewer Public Sewer
Heating Electric
Cooling Window Unit(s)
Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Metal
Security Features None
Construction Materials Block
Year Built 1952
View City
Levels One
Property SubType Other
Tax Year 2022
Gross Income 202800
Waterfront Features N
Community Features Other
Accessibility None
County Floyd - GA
Net Operating Income 163980
Operating Expense 18000
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient None
Subdivision Name N/A
Green Energy Generation None
Status Active
Directions USE GPS
High School Armuchee
City Rome
Body of Water None
Total Units 15
Street Name Martha Berry
Elementary School Armuchee
Property Attached Y/N No
Tax Annual Amount 5282
Home Warranty Y/N No
Middle/Junior High School Armuchee
Property Condition Resale
Days on Market 236
Standard Status Active
Occupancy Description Tenant
Tax Lot 0
Cap Rate 12.6
Legal Description LTS 14&15 PT16 GLENWOOD HGTS SUB
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Interior
Flooring Laminate
Window Features None
Street Suffix Highway
Total Baths 0
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Exterior
Fencing Chain Link
Parking Features Parking Lot
Lot Features Corner Lot Level
Water Source Public
Total Parking 9
Lot Dimensions x
Lot Size Acres 1.08
Lot Size Source Owner
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Internal Only
Street Number 1 3158
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* Excluded Features
List By
Hersh Shah

Listing Agent

Keller Williams Realty Intown Atl

Broker

Hersh@HershShahGroup.com

Email

Affordability Calculator

$7,425
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,985
Monthly Property Taxes
$440
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1926063 Elementary School
1926876 Middle School
Armuchee High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2024$1,000,000 -23.08% Price Down
8/24/2023$1,300,000 Listed Price

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3158 Martha Berry Highway NE, Rome, GA, 30165 is a Multi-Family Home for sale at $1,000,000 with a lot size of 1.08. 3158 Martha Berry Highway NE has 15 bedrooms, 15.0 baths, and was built in 1952. The property's zip code is 30165 which is in Rome, GA