150 Church Street Sw, Pelham, GA 31779
Local realty services provided by:CENTURY 21 Realty Advisors GA
Listed by: john courson
Office: coldwell banker premier real e
MLS#:155105
Source:GA_VBR
Price summary
- Price:$495,000
- Price per sq. ft.:$99.44
About this home
Stabilized 4-unit investment with proven rental history in the heart of charming downtown Pelham in Southwest Georgia! 150 SW Church Street offers a rare combination of in-place income, historic character and an inviting small-town setting. Offered at $495,000, this distinctive 4,978 SF brick property features four spacious 2BR/1.5BA residences, each currently renting for $1,100/month, generating $4,400 in monthly scheduled rent and $52,800 annually (7.46% cap rate at 30% OPEX). Originally constructed in the 1940s and thoughtfully renovated, the building retains the character that makes it special, including refinished hardwood floors, high ceilings, fireplaces, built-in storage, sitting areas and inviting porches, complemented by stainless appliances and updated fixtures and finishes. Central HVAC, brick construction and a metal roof add to the appeal and make this a must-see property. Located in downtown Pelham, residents enjoy the charm and convenience of small-town living with shopping, dining, banking and everyday services nearby. The established long-term rental model provides immediate cash flow, while the property's distinctive character and downtown location also create potential for furnished, corporate or short-term rental use for one or more units, subject to applicable regulations. Proven income, historic character and multiple rental possibilities—all in the heart of downtown Pelham....
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Home facts
- Subdivision & Development:Pelham
- Listing ID #:155105
- Added:32 day(s) ago
- Updated:October 25, 2026 at 03:54 PM
Rooms and interior
- Flooring:Hardwood
- Kitchen Description:Dishwasher, Refrigerator
- Living area:4,978 sq. ft.
Structure and exterior
- Roof:Metal
- Building area:4,978 sq. ft.
- Lot area:0.49 Acres
- Construction Materials:Brick Veneer
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$495,000
- Price per sq. ft.:$99.44
- Tax amount:$2,552 (2025)
Parking
- Parking description:3+ Cars
- Garage spaces:3
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