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$172,000

Beds
3
Baths
2.0
sq ft
1,600

112 E Belmont Dr, Calhoun, GA 30701

112 E Belmont Dr

Calhoun, GA 30701

  • Coming soon
**Unique Investment Opportunity in Prime Location – 112 East Belmont Drive, Calhoun, GA** This property offers a rare combination of residential comfort and commercial potential, making it the perfect investment for the savvy buyer. Situated at 112 East Belmont Drive, this 1,600 square-foot home includes three spacious bedrooms, two baths, and two inviting living rooms—one featuring a stunning stone fireplace, and the other seamlessly connected to the kitchen and den for open-concept living. **Key Features:** - **Lot Size & Privacy**: Positioned on just under half an acre, this home offers ample outdoor space while maintaining close proximity to thriving commercial developments. - **Prime Commercial Location**: The property’s backyard directly borders a high-value commercial lot at a major intersection, just steps from Kroger and other bustling businesses. With easy highway access, this location is ideal for future commercial expansion or development. - **Potential for Appreciation**: While the home could benefit from cosmetic updates, the strategic location offers tremendous potential for appreciation, especially as the surrounding area continues to grow commercially. - **Future Investment Value**: Given the proximity to major businesses and commercial developments, this property is poised for significant long-term value—possibly worth hundreds of thousands in the future. Whether you’re looking for a comfortable residence or a prime investment, this property is a golden opportunity. With its ideal location and potential for future growth, this home could be the key to unlocking substantial returns.

Details

Property type

Single Family Residence

Est. home value

$190,346

Lot size

0.48 acres

Price per sq ft

$108

Year built

1948

Annual property taxes

$396

Schools & Community

Elementary school: 

Calhoun

Middle school: 

Calhoun

High school: 

Calhoun

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Unity National Bank

Loan start date

April 2008

Original loan amount

$82,012

Est. remaining balance

$0

Interest rate

6.24%

Loan type

New Conventional, 5 year

Seller

Gary Phillip Henson and Smith Patricia Henson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 09/18/2024 at 8:55 PM

Listing updated: 09/18/2024 at 9:45 AM

Listed by: Michael Shugart, Coldwell Banker Kinard Realty Phone #: (706) 629-8818

MLS: FMLS #7455783

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