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60 Phillips Road, Lookout Mountain, GA 30750

Lookout Mountain
Local realty services provided by:CENTURY 21 Professional Group
60 Phillips Road,Lookout Mountain, GA 30750
$595,000
  • 4 Beds
  • 4 Baths
  • 2,600 sq. ft.
  • Multi-family
  • Active
Listed by: mark d richmond
Office: oak and willows real estate collective pllc
MLS#:1539115
Source:TN_CAR

Price summary

  • Price:$595,000
  • Price per sq. ft.:$228.85

About this home

Turnkey New Construction Quadplex | $54,420 Annual Rental Income | Near Covenant College Exceptional opportunity to acquire a fully leased, newly constructed quadplex completed in 2025 at 60 Phillips Road on Lookout Mountain, Georgia. Purposefully designed to serve the growing demand for student, faculty, young professional, and recent graduate housing, this income-producing asset is located less than four miles from Covenant College, which is welcoming its largest incoming freshman class in school history. The property consists of four modern residential units: • Two 1-bedroom, 1-bath units (500 SF each) • Two 1-bedroom, 1-bath units with lofts (800 SF each) Currently generating $4,535 per month in rental income ($54,420 annually), the property offers investors immediate cash flow with the added benefits of brand-new construction, no deferred maintenance, and low operating expenses for years to come. At the asking price of $595,000, the property is offered at an attractive...

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Home facts

  • Year built:2025
  • Listing ID #:1539115
  • Added:1 day(s) ago
  • Updated:July 22, 2026 at 02:33 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement:Yes
  • Living area:2,600 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric, Heating
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2025
  • Building area:2,600 sq. ft.
  • Lot area:0.4 Acres

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$595,000
  • Price per sq. ft.:$228.85
  • Tax amount:$109

Parking

  • Parking description:Off Street, Parking Lot
  • Garage:Yes

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