Property

Rome, GA 30161 5 Orlystus Drive SW

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Presented By: Henry with Carnegie Cap;
  • Georgia MLS (GAMLS) - 86 - GA
  • MLS# 10571026
  • 07/24/2025
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Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.

Home Details

Beautiful brick building in Rome GA, few blocks from Downtown Rome 3 blocks away, beautiful Coosa River, 2 blocks away, Coosa Golf Course (and million dollar homes), Berry College, and Atrium Health, Floyd Medical Center, Desirable Southern charm, 4-Unit Multifamily Townhomes, all: 2 Bedroom / 2 Bathroom, 2-Story Layout, plenty of parking. * Current Occupancy: Vacant. Post-Renovation Rent Potential: o Low Case: $1,400/unit o Mid Case: $1,500/unit o High Case: $1,600/unit Renovation Estimated budget: $50,000 - $60,000 Location: 2 blocks from Coosa Valley Golf Course and million-dollar homes, walking distance to Downtown Rome, Berry College, and Atrium Health Floyd Medical Center and big Franchise stores. Investment Highlights: Premium Brick Townhomes: Classic all-brick construction with two-story layouts, individual HVAC units, and private entrances. Branched utilities (Water and power) Fully Vacant for Immediate Repositioning: Full control to renovate and lease at market rates. Great potential for student rental. Rent Growth Upside: Estimated market rents support $1,400-$1,600/month depending on finish level. Light Value-Add: Modest renovation budget of ~$55,000 opens door to significant value creation. Stabilized Cash Flow & Appreciation: High-demand product type in a strong submarket with limited competition. Financial Summary: Stabilized Income Potential: Scenario Monthly Gross Income Annual Gross Income Low Case $5,600 mo year $67,200 Mid Case $6,000 mo year $72,000 High Case $6,400 mo year $76,800 "At $125K per unit, these large 2-bed, 2-bath townhomes are under replacement cost." "Location is walkable to Downtown Rome, golf, university, river and hospital-everything tenants want." "Solid brick construction with easy renovations means faster lease-up and long-term durability." "Expect strong demand for this rare 2-story townhome layout in a low-vacancy submarket."
Presented By: Henry with Carnegie Cap;

Interior Features for 5 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
Total Fireplaces

General for 5 Orlystus Drive SW

Association Fee IncludesNone
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityRome
Community FeaturesNone
Construction MaterialsBrick
CoolingCentral Air
CountyFloyd
DirectionsPlease use GPS
Elementary SchoolAnna K Davie
Garage Y/NNo
HOANo
HeatingElectric
High SchoolRome
Home Warranty Y/NNo
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet0
Lot Size UnitsSquare Feet
Middle/Junior High SchoolRome
ModificationTimestamp2025-07-24T20:15:36.000Z
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property ConditionResale
Property SubtypeMulti Family
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusNew
Structure TypeMulti Family
Subdivision NamePennington Surv
Tax Annual Amount2266.28
Tax Year24
UtilitiesElectricity Individual Meters
Year Built1966

Exterior for 5 Orlystus Drive SW

Foundation DetailsSlab
Horse Y/NNo
Lot Size Acres
Lot Size Area
Lot Size SourceOther
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

Napier Velazquez

Realtor Associate
Price $500,000
MLS#10571026
List Date 07/24/2025
Property Type Multi-Family
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