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204 16th Street

Rome, GA 30161

Hunter Hughes
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404-358-2364
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Smart Mortgage Options
Dalton Carter
Lender
Lic. 1566538
Office:
Direct: 678-425-4140
AP Mortgage
340 Jesse Jewell Parkway
Suite 500A
Gainesville, GA 30501
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For Sale
MLS Number 10729968
3 Bedrooms
1 Bathrooms
0 Half Baths
1,254 Square Feet *estimated
Summary of 204 16th Street
Built in 1940 and sitting on a 0.18-acre lot in Rome, GA, this well-maintained 3-bedroom, 1-bath single-family residence delivers immediate rental income with a qualified tenant in place at $1,200/month. That's $14,400 in gross annual rent against a $130,000 asking price - a gross rent multiplier of just 9.0x with a potential cap rate north of 8%. The current owner has maintained this property with care: a metal roof speaks to the long-term stewardship that keeps a 1940s build standing strong. No HOA means no rent restrictions and no additional overhead eating into returns. At approximately $1,080 in annual property taxes, carrying costs stay lean. Seller has never occupied the property. Buyers are encouraged to conduct their own independent due diligence during the inspection period. Rome, GA continues to draw investor attention as a growing NW Georgia market anchored by Berry College, Shorter University, and Georgia Northwestern Technical College - consistent renter demand built right in.
This 3-bed, 1-bath residence in Rome offers the flexibility of a non HOA setting while still providing comfortable everyday living. Thoughtfully planned, the interior provides 1,254 square feet of finished living space with an open, livable feel from room to room. A bright, open kitchen offers generous workspace, storage, and a direct view into the main gathering spaces. The main living areas are filled with natural light and provide an easy flow for hosting friends or enjoying quiet evenings at home. The outdoor space includes approximately 0.18 acres, ideal for gardening, outdoor activities, or simply enjoying the seasons. With parking available, the home provides flexible options for families and visitors. The location provides quick access to Rome amenities while offering the flexibility of living outside a subdivision with no required HOA. This home has been available for approximately 5 days and continues to attract interest. With an asking price of $130,000, this property represents an appealing opportunity in the current market.
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204 16th Street - Map & Directions
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Facts & features
School District Information
High School
Middle School
Elementary School
Additional Information about
None
Association
No
Additional Information about
204 16th Street
County
Neighborhood
Year Built
1940
Appliances
Dishwasher
Electric Water Heater
Microwave
Oven/Range (Combo)
Refrigerator
Architectural Style
Bungalow/Cottage
Foundation
Slab
Construction Materials
Aluminum Siding
Cooling
Central Air
Flooring
Laminate
Heating
Central
Home Warranty
No
Interior Features
Master On Main Level
Laundry Features
In Hall
Levels
One
Financing Available
Cash
Conventional
FHA
USDA Loan
Selling Status
Resale
Roof
Composition
Rooms
Family Room
Sewer Type
Public Sewer
Total Finished Area
1,254
Utilities
Cable Available
Electricity Available
High Speed Internet
Phone Available
Sewer Connected
Water Available
Water Source
Public
Master on the Main
Yes
Land Information
Lot Size
Less than .5 Acres
Lot Features
Level
Lot Size Estimated
0.18
Garages and Parking Information
Tax Information
Taxes
$1,088
Tax Year
2025
Tax ID Number
J14N 158
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listed by real estate agent trivon thompson and coldwell banker realty