Property

Rome, GA 30161 3 Orlystus Drive SW

3 Orlystus Drive SW Rome, GA - Image 13 Orlystus Drive SW Rome, GA - Image 23 Orlystus Drive SW Rome, GA - Image 3
3 more
3 Orlystus Drive SW Rome, GA - Image 43 Orlystus Drive SW Rome, GA - Image 53 Orlystus Drive SW Rome, GA - Image 63 Orlystus Drive SW Rome, GA - Image 7
Presented By: Henry Pailles with Carnegie Cap;
  • Georgia MLS (GAMLS) - 86 - GA
  • MLS# 10565586
  • 07/16/2025
  • Get pre-approved
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.

Home Details

Incredible Value-Add Investor Opportunity in Rome, GA! 10-unit brick complex at 3 Orlystus Dr SW, minutes from Downtown Rome, Coosa Country Club, and Shorter University. Offered at only $500,000-$540,000, this property is priced well below stabilized market value-with projected after-repair value (ARV) over $1,000,000+. Current unit mix: 10 spacious 1BR/1BA units with central HVAC, assigned parking, and strong rental demand in the immediate area. Pro Forma Cap Rate: 13-14% after minor renovation Upside: Estimated $140,000 in improvements needed to achieve full stabilization Market Rents: $1,000-$1,200 per month/unit achievable Location: 2 blocks from the river bridge into Downtown Rome, 1 block from Coosa Golf Course, near hospitals, shopping, and transit. Perfect for investors seeking: High cash-on-cash returns Value-add multifamily with proven upside Future refinance potential or long-term cash flow hold Call today-this kind of deal doesn't last!
Presented By: Henry Pailles with Carnegie Cap;

Interior Features for 3 Orlystus Drive SW

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementNone
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Fireplaces

General for 3 Orlystus Drive SW

Association Fee IncludesNone
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityRome
Community FeaturesNear Public Transport, Walk To Schools
Construction MaterialsBrick, Other, Stucco
CoolingCentral Air
CountyFloyd
DirectionsPlease use GPS
Electric Expense5000
Elementary SchoolAnna K Davie
Fuel Expense
Garage Y/NNo
Gross Income132000
HOANo
HeatingElectric, Forced Air
High SchoolRome
Home Warranty Y/NNo
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet43560
Lot Size UnitsAcres
Maintenance Expense14000
Middle/Junior High SchoolRome
ModificationTimestamp2025-08-01T05:09:47.000Z
New ConstructionNo
Number Of Units Total10
Property Attached Y/NNo
Property ConditionResale
Property SubtypeMulti Family
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NamePennington Surv
Tax Annual Amount6334.15
Tax Year24
UtilitiesElectricity Individual Meters
Year Built1970

Exterior for 3 Orlystus Drive SW

Foundation DetailsSlab
Horse Y/NNo
Lot Size Acres1
Lot Size Area1
Lot Size SourcePublic Records
Parking FeaturesOff Street, Over 1 Space per Unit
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Rome Middle School
Elementary School Anna K Davie Elementary School
High School Rome High School

Michelle Moss

Realtor
Price $500,000
MLS#10565586
List Date 07/16/2025
Property Type Multi-Family
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 3 Orlystus Drive SW