Rome · 30161 · Floyd - GA County
204 16th Street
Active
Single Family Residence
N/A
About this property
A 3-bedroom, 1-bath single family residence in Rome.
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 the 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.
3Beds
1Baths
1,254Sq Ft
0.18 acLot
Property details
Property
Property TypeResidential
Sub TypeSingle Family Residence
StatusActive
Year Built1940
Lot Size0.18 acres
CountyFloyd - GA · GA
Interior
Bedrooms3
Bathrooms1 (1 Full)
Square Feet1,254
SubdivisionN/A
ZIP30161
Days on Market29
Schools
ElementaryAnna K. Davie
MiddleRome
High SchoolRome
Contact
Vesta CG(678) 249-0839
Emailvesta@vcgrealty.com
LicenseKW Intown Atlanta
Listed by
Coldwell Banker Residential Real Estate, LLC
· Trivon Thompson
Where it sits
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Frequently asked questions
How much does 204 16th Street cost?
204 16th Street is listed at $130,000 ($104/sqft).
How many bedrooms and bathrooms does this property have?
This property has 3 bedrooms and 1 bathrooms with 1,254 square feet of living space.
When was it built?
This property was built in 1940.
What schools serve this address?
Elementary: Anna K. Davie. Middle: Rome. High: Rome.
What is the lot size?
This property sits on 0.18 acres.
How can I schedule a tour?
Use the form on this page, or contact Vesta Consulting Group at (678) 249-0839 or vesta@vcgrealty.com.
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Walk this property with Valerie
Want to walk this property?
If 204 16th Street feels like the one — or you want to compare it against two or three other Rome options — the next step is a private tour with Valerie. We'll meet you there.
Valerie Gonzalez · Buyer Specialist · Vesta Consulting Group
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MLS# 7751064 · Last updated 2026-05-12 01:43:02
IDX provided by Vesta Consulting Group • (678) 249-0839 • vesta@vcgrealty.com
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Contact Agent
Vesta Consulting Group
Keller Williams Realty Intown Atlanta
Call(678) 249-0839 Text(678) 249-0839 Emailvesta@vcgrealty.com