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34047395
34047396

2158 North Broad Street, Commerce, GA 30529

RH
GA GA 429890
Modern Acquisitions, LLC
Listed by Modern Acquisitions, LLC
$749,900
3 days on market
Updated 3 days ago

2158 North Broad Street

Details
Property Type Multifamily
Sub Type Triplex
Square Footage 4,166
Units 3
Cap Rate 7.68%
NOI $57,600
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 8.27%
Pro-Forma NOI $62,000
Price per SqFt $180
Year Built 1905
Year Renovated 2023,2024
Buildings 1
Acreage 0.750
Zoning OCR
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.44
Investment Type Stabilized
Sale Condition N/A

Fully Renovated Downtown Commerce Triplex | Income-Producing Asset with House-Hack Upside

Marketing description

Rare opportunity to acquire a fully renovated triplex in the heart of Downtown Commerce. This property blends the character of a historic home with the functionality investors and owner-occupants want today. The property was thoughtfully renovated from the inside out, with no corner overlooked — from brand-new insulation and sheetrock to updated wiring, kitchens, flooring, fixtures, and finishes throughout. Original details were carefully preserved and reused, giving the property a level of charm that is hard to recreate.

The layout includes two one-bedroom units on the main level and a spacious three-bedroom unit upstairs, creating multiple paths for ownership. An investor can continue operating it as an income-producing asset, while an owner-occupant has the opportunity to live in one unit and let the others help offset expenses. Four separate power meters make utility tracking simple, and the laundry setup adds additional convenience with shared laundry downstairs and extra hookups upstairs.

Outside, the property offers a massive wraparound front porch, a peaceful screened rear porch, and flat, usable land that provides flexibility for future needs. Located near I-85, Highway 441, restaurants, parks, schools, and downtown amenities, this is a rare renovated multi-unit asset in a market that continues to see strong long-term growth potential.

Investment highlights

Fully renovated triplex located in the heart of Downtown Commerce

Unit mix includes two 1BR/1BA units on the main level and one spacious 3BR/2BA unit upstairs

Thoughtfully renovated from the inside out, including insulation, sheetrock, wiring, kitchens, flooring, fixtures, finishes, and more

Historic character preserved with original details reused throughout the renovation

Income-producing property with flexibility for a long-term investor or owner-occupant house-hack strategy

Four separate power meters for clean and simple utility tracking

Shared laundry downstairs, plus additional laundry hookups in the upstairs unit

Massive wraparound front porch and screened rear porch add charm, usability, and curb appeal

Flat, usable additional land allows flexibility for future needs, including potential expanded parking

Strong location near Downtown Commerce amenities, restaurants, parks, schools, I-85, and Highway 441

Positioned in a growing Northeast Georgia market with long-term upside

Listing Contacts

RH
GA GA 429890
Modern Acquisitions, LLC
Listed by Modern Acquisitions, LLC

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$57,600.00
$4,800.00/mo

Valuation Metrics

0
DSCR
7.68%
Cap Rate
7.68%
ROI

Map

Zoning

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OCR MixedMixed UseOffice Commercial Residential District
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Robert Head
License
GA 429890
Brokerage
Modern Heart Realty
Brokerage Phone
706-330-4168
Brokerage Address
153 Bill Anderson Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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