Residential Land for Sale in Calhoun, Georgia

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.