3 Orlystus Drive SW
Rome, GA, 30161 $ 675,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 4,662
for $675,000. This home was built in 1970 on a lot size of 1.
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.
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FeaturesGeneralSewer Public Sewer
Heating Central Other
Cooling Central Air Other
Utilities Water Individual Meters Electricity Individual Meters
Association Fee Includes None
Construction Materials Brick
Year Built 1970
Levels One
Property Subtype Multi Family
Tax Year 25
Community Features None
County Floyd
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Pennington Survey Addn
Garage Y/N false
Status Active
Directions GPS friendly use Google Maps or Apple Maps.
High School Rome
City Rome
Number Of Units Total 10
Lot Size Units Acres
Lot Size Square Feet 43560
Carport Y/N false
Elementary School Anna K Davie
Tax Annual Amount 6404.55
Middle/Junior High School Rome
Property Condition Fixer
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement None
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features Off Street
Water Source Public
Lot Size Area 1
Lot Size Acres 1
Lot Size Source Public Records
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* Excluded FeaturesList Bycarnegiecap@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,662
- Monthly Property Taxes
- $534
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Rome, GA
Average List Price $444,831
Percent of Sale Price 34%
About Rome, GA 38,131 Population
4% Since 2002
$ 37,228 Median Income
35.88 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4133977 Elementary School
4674067 Middle School
Rome High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/18/2026 | $675,000 | | Listed Price |