40 Luther Knight Road; Cartersville, GA 30121

$225,000

They're not making land anymore, especially in this location! 1 mile from interstate 75, 1 mile to Bartow Beach, convenient to Cartersville & Lakepoint Sports Complex. 3 Parcels Included in this Sale: 40, 67 & 69 Luther Knight Rd for a total of 4.25 acres & 3 occupied rental units. The Land is Already Developed with Electric, Water, and Septic Tanks Already in Place. The value of this property is in the land, not in the house or structures. Although the house and mobile homes may be live-able, the suggested highest use is to build new. Time to Explore Your Opportunity to Build Your Dream Home or a Few Homes to Sell. Keep the Tenants in Place to Generate Income while you get prepared. Total monthly income: $1650. The 2 mobile homes on the property each have new HVAC units and new septic tanks including water lines with separate meters. This property was previously under contract but could not close due to title issues on one parcel. Those issues are now clear. Title work is done with Mozley, Finlayson & Loggins. Cash Deal Required due to Mobile Homes - Financing will Not be Approved.
Key Facts
  • Style:
  • Year Built: 1950
  • Status: Active
Schools
  • Elementary School: Cloverleaf
  • Middle School: Red Top
  • High School: Cass
Bedrooms
  • Beds Total: 2
Bathrooms
  • Baths Full: 1
  • Baths Half: 0
  • Main Full Baths: 1
  • Master Bath Features: None

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Private & Public Schools Nearby

  • 3 / 5
    Average

    Cloverleaf Elementary

    71 FELTON ROAD; Cartersville, GA 30121
    Public PK-5th  |  747 students
    Metro Atlanta School Rank: 585th
  • 3 / 5
    Average

    Cass High School

    738 GRASSDALE ROAD, NW; White, GA 30184
    Public 9th-12th  |  1,527 students
    Metro Atlanta School Rank: 190th

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Listing information last updated on February 25, 2024