Description
Discover a unique income-producing opportunity at 281 Chatham Rd in Homer, GA! Situated on 3.53 acres, this property offers multiple existing income streams along with exciting potential for future growth. The property features a cell tower generating approximately $1,200 per month in income, plus a mobile home currently producing $1,000 per month in rental income, with potential rent estimated at approximately $1,300 per month. Together, the existing income sources provide an attractive opportunity for investors looking for immediate cash flow. A peaceful creek runs along the back of the property, adding natural character to the spacious setting. With 3.53 acres, there is also plenty of room to explore adding additional mobile homes or building another home on the property. Whether you're looking for an income-producing investment, additional development potential, or acreage with multiple possibilities, 281 Chatham Rd offers a rare combination of land, existing rental income, and cell tower revenue.
Details
| MLS # | 10826140 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1995 |
| Days On Site | 12 |
| Listing Provided By | Vylla Home | Raphael Merilien |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,216 |
| Story(s) | 1 |
| Acreage | 3.53 |
Interior
| Appliances | Other |
|---|---|
| Interior Features | Other |
| Cooling | Central Air |
| Cooling Yes / No | Yes |
| Heating | Central |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
| Laundry Features | In Hall |
Exterior
| Lot Features | Level |
|---|---|
| Construction Materials | Vinyl Siding |
| Roof | Metal |
| Foundation Details | Block |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | None |
Utilities
| Utilities | Other |
|---|---|
| Sewer | Septic Tank |
| Electric | 220 Volts |
Taxes
| Tax Annual Amount | 22845 |
|---|---|
| Tax Year | 2025 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | Banks |
| City | Homer |
| Zip Code | 30547 |
| Area | Banks |
| School District | Banks |
| Elementary School | Banks |
| High School | Banks |
| Listing VS Median (in 30547) | |
Price: $375,000 low | high Med: $414,000 sqft: 1,216 low | high Med: 1,785 $ / sqft: $308 low | high Med: $232 On site: 12 low | high Med: 110 | |
Market Activity 30547
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Learn More About This Property
| State | GA |
|---|---|
| County | Banks |
| City | Homer |
| Zip Code | 30547 |
| Area | Banks |
| School District | Banks |
| Elementary School | Banks |
| High School | Banks |
| Listing VS Median (in 30547) | |
Price: $375,000 low | high Med: $414,000 sqft: 1,216 low | high Med: 1,785 $ / sqft: $308 low | high Med: $232 On site: 12 low | high Med: 110 | |
 | $375,000281 Chatham RoadHomer, GA 30547 |