432 4th Avenue presents a fully stabilized, turnkey multifamily investment in the heart of Dalton, Georgia. This 12-unit property has undergone a complete renovation in 2024, including new roofing, HVAC systems, and interior upgrades, positioning it as a low-maintenance asset with immediate cash flow and long-term upside. Each unit features 2 bedrooms and 1 bath across approximately 950 square feet, with washer/dryer hookups and individual electric metering. The property is 100% occupied, with current rents at $1,150/month and scheduled increases to $1,250/month by late 2025. The owner pays water, averaging $500/month, while tenants cover electric and gas. The site spans 0.9 acres, offering potential for additional income through development of a laundry facility or self-storage units. With a projected pro forma NOI of $155,000 and a 7% cap rate, the asset is priced competitively at $1,825,000. The Dalton market continues to show strong fundamentals, with limited new construction, rising rents, and a growing population base. Located between Atlanta and Chattanooga along I-75, Dalton is known as the “Carpet Capital of the World” and offers a vibrant mix of industry, history, and southern charm. The property benefits from proximity to downtown Dalton, major employers, and regional attractions, making it a desirable location for tenants and investors alike. *Investment opportunity! All 12 units are 100% occupied - currently renting for $1,000 to $1,100 but could be raised to $1,250. Rents will be increasing on each unit to $1,150 starting April 1st, 2025. All units are 2 BR, 1 BA. New roof and sewer. Taxes are $5,000 - $6,000. There is space to build self-storage units or laundry area. Management fee 5%, cap rate of 7%*