Description
Welcome to 309 Barnhardt Circle! This historic 7-unit multi-family property features four spacious one-bedroom apartments and three charming studio homes. A rare investment opportunity with timeless character and great potential! cir~ This well-maintained complex is on the historical Barnhardt Cir and steps from the 9000+ acre Chickamauga Battlefield and was the original Band Barracks that could house 28 members. and was lighted in 1920. . The center fields of Barnhardt Cir is where the cavalry trained and polo matches were held. All units are currently occupied. Barnhardt Cir is near shopping and dining in Fort Oglethorpe, and not far from Rossville and Chickamauga. The large attic and basement offer additional build-out opportunities. Gross annual rent is currently over $90,000. Potential to increase rents by adding washer/dryers in units. Currently, washer/dryers are in the basement area. There has been a strong demand for tenants in this historic location. There is plenty of parking in the back and off-street parking, a covered front porch area for relaxation or hang out and check out the Ballfields. This property combines stable cash flow with a highly desirable walkable historic district. Whether you're a seasoned investor or looking for a potential turnkey 1031 exchange property, this asset offers an excellent mix of charm, location, and returns. This is zoned Residential. Zoning R3. Check out the videos on each unit! DO not disturb tenants. No showings until contract in place.
-
0BEDS
-
0.4ACRES
-
0BATHS
-
01/2 BATHS
-
5,004SQFT
-
$180$/SQFT
School Information
Description
Welcome to 309 Barnhardt Circle! This historic 7-unit multi-family property features four spacious one-bedroom apartments and three charming studio homes. A rare investment opportunity with timeless character and great potential! cir~ This well-maintained complex is on the historical Barnhardt Cir and steps from the 9000+ acre Chickamauga Battlefield and was the original Band Barracks that could house 28 members. and was lighted in 1920. . The center fields of Barnhardt Cir is where the cavalry trained and polo matches were held. All units are currently occupied. Barnhardt Cir is near shopping and dining in Fort Oglethorpe, and not far from Rossville and Chickamauga. The large attic and basement offer additional build-out opportunities. Gross annual rent is currently over $90,000. Potential to increase rents by adding washer/dryers in units. Currently, washer/dryers are in the basement area. There has been a strong demand for tenants in this historic location. There is plenty of parking in the back and off-street parking, a covered front porch area for relaxation or hang out and check out the Ballfields. This property combines stable cash flow with a highly desirable walkable historic district. Whether you're a seasoned investor or looking for a potential turnkey 1031 exchange property, this asset offers an excellent mix of charm, location, and returns. This is zoned Residential. Zoning R3. Check out the videos on each unit! DO not disturb tenants. No showings until contract in place.
Related Properties
309 Barnhardt Circle Fort Oglethorpe, GA 30742
Property Description
Architectural Style Victorian Attached Garage YN No Construction Materials [] Exterior Features [] Fencing Back Yard Foundation Details Concrete Perimeter Lot Features Corner LotFront YardLevel Other Structures [] Parking Features AsphaltAssignedConcreteDrivewayParking Lot Patio And Porch Features CoveredFront Porch Pool Features None Pool Features None Yes Roof [] Structure Type Multi FamilySee Remarks View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances Water HeaterWasherRefrigeratorMicrowaveFree-Standing Gas RangeElectric Water HeaterElectric OvenDryerDisposalDishwasher Basement Partially FinishedUnfinished Basement YN Yes Building Area Total 5004 Cooling Attic FanCeiling Fan(s)Central AirElectric Cooling YN Yes Fireplace Features Gas Log Fireplace YN Yes Fireplaces Total 2 Flooring HardwoodTile Heating CentralNatural Gas Heating YN Yes Interior Features Ceiling Fan(s)ChandelierCrown MoldingHigh Ceilings Laundry Features In BasementLaundry RoomLower LevelWasher Hookup Levels Three Or More Window Features []
Association Amenities [] Association YN2 No Auction YN2 No Community Features Historic District Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventional New Construction YN No Other Equipment [] Property Sub Type Multi Family Security Features Fire AlarmSmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Investor Structure Type Multi Family Yes Tax Annual Amount 3906 Utilities Electricity ConnectedWater Connected Water Source Public

Listing information © 2025 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of RE/MAX Properties: 423-894-2900.