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204 E 16th Street E Rome, GA $ 130,000
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$ 130,000 Get more info
204 E 16th Street E
$ 130,000
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204 E 16th Street E

Rome, GA, 30106
$ 130,000
Bedrooms3 Baths1.0

Monthly Estimate*

$ 800

204 E 16th Street E, Rome, GA 30106 - Image 1

Single Family Home for sale in Rome, GA

for $130,000 with 3 bedrooms and 1 full bath. This home was built in 1940 on a lot size of 0.18.

Built in 1940 and sitting on a 0.18-acre lot in Rome, GA, this well-maintained 3-bedroom, 1-bath single-family residence delivers immediate rental income with a qualified tenant in place at $1,200/month. That's $14,400 in gross annual rent against the asking price - a gross rent multiplier of just 9.0x with a potential cap rate north of 8%. The current owner has maintained this property with care: a metal roof speaks to the long-term stewardship that keeps a 1940s build standing strong. No HOA means no rent restrictions and no additional overhead eating into returns. At approximately $1,080 in annual property taxes, carrying costs stay lean. Seller has never occupied the property. Buyers are encouraged to conduct their own independent due diligence during the inspection period. Rome, GA continues to draw investor attention as a growing NW Georgia market anchored by Berry College, Shorter University, and Georgia Northwestern Technical College - consistent renter demand built right in.

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Single Family Active

Price

$ 130,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Bungalow, Cottage

Lot Size

0.18

Year Built

1940

Town/City

Rome

County/Region

Floyd

MLS | Web ID

7751064
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Phone Available Water Available
Roof Composition
Appliances Dishwasher Electric Water Heater Microwave Refrigerator
HOA Fee 0
Patio/Porch Features None
Architectural Style Bungalow Cottage
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Aluminum Siding
Year Built 1940
Electric 110 Volts 220 Volts
View Other
Levels One
Property Subtype Single Family Residence
Tax Year 2023
Ownership Fee Simple
Parcel Number J14N 158
Waterfront Features None
Community Features None
Accessibility None
HOA Fee 2 0
County Floyd - GA
Property Type Residential
HOA false
Energy Efficient None
Subdivision Name N/A
Green Energy Generation None
Other Structures None
Full Baths 1
Status Active
Directions Use GPS
High School Rome
City Rome
Body of Water None
Spa Features None
Elementary School Anna K. Davie
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 0
Home Warranty Y/N false
Middle/Junior High School Rome
Property Condition Resale
Standard Status Active
Tax Lot N/A
Freehold IDX
Corporate Owner None
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Interior
Interior Amenities High Speed Internet
Basement None
Flooring Laminate
Total Fireplaces 0
Fireplace Features None
Common Walls No Common Walls
Window Features Insulated Windows
Above Grade Finished Area 1254
Half Baths 0
Laundry Features In Hall
Total Bedrooms 3
Below Grade Finished Area 0
Room Type Family Room
Main Level Bedrooms 3
Main Level Bathrooms 1
Kitchen Features None
Total Baths 1
Primary Bathroom Features Tub/Shower Combo
Dining Room Features None
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Exterior
Exterior Amenities None
Fencing None
Parking Features None
Lot Features Level
Water Source Public
Total Parking 0
Foundation Details Slab
Building Area Total 0
Lot Dimensions 0
Lot Size Acres 0.18
Road Surface Type Asphalt
Lot Size Source Other
Road Frontage Type City Street
Other Equipment None
Horse Amenities None
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* Excluded Features
List By
Trivon Thompson

Listing Agent

Coldwell Banker Residential Real Estate, Llc

Broker

trivon.thompson@cbrealty.com

Email

Affordability Calculator

$800
Per Month
100%
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0%
Monthly Principal & Interest
$800
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% 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
1928795 Elementary School
4674067 Middle School
Rome High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/10/2026$130,000 Listed Price

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204 E 16th Street E, Rome, GA, 30106 is a Single Family Home for sale at $130,000 with a lot size of 0.18. 204 E 16th Street E has 3 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 30106 which is in Rome, GA

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