Fort Oglethorpe, GA 30742

$745,000
8
BD
8
BA
5,004
SqFt

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List Price
$745,000
Price Change
▼ $50,000 1782885713
MLS#
1529108
Bedrooms
8
Sq. Ft
5,004
Acres
0.04
Year Built
1915
Subdivision
A P Green Ests

Property Description

Step into living history at 309 Barnhardt Circle, a rare opportunity to own a piece of Fort Oglethorpe's military past. Built in 1915 as the original Band Barracks, this remarkable property once housed 28 members of the post's military band and was electrified in 1920, a modern marvel for its time. The iconic center fields of Barnhardt Circle were historically used for cavalry training and even hosted polo matches, making this location not just historic, but legendary. Today, the property operates as a fully occupied 7-unit multi-family investment featuring: • 4 spacious one-bedroom apartments • 3 charming studio residences • Gross annual rents exceeding $87,500 • Zoned R-3 Residential Positioned steps from the 9,000+ acre Chickamauga Battlefield, this location offers unmatched walkability in one of the area's most sought-after historic districts. Residents enjoy proximity to shopping and dining in Fort Oglethorpe, with convenient access to Rossville and Chickamauga. Investment Highlights: • All units currently occupied with strong tenant demand • Stable cash flow with upside potential • Opportunity to increase rents by adding in-unit washer/dryers (currently located in basement) • Large attic and basement offering additional build-out potential • Ample rear and off-street parking • Covered front porch overlooking the historic ballfields This property blends stable income with irreplaceable historic character, an ideal acquisition for a seasoned investor or a turnkey 1031 exchange opportunity. Properties with this level of provenance rarely become available. Own a piece of military history while securing reliable returns in one of North Georgia's most distinctive historic corridor

Additional Information

Style
Victorian
Exterior
Wood Siding
Interior
Eat-in Kitchen
Roof
Shingle
Floors
Hardwood
Foundation
Stone
Basement
Unfinished
Appliances
Electric Range, Microwave, Oven, Refrigerator, Washer/Dryer
Exterior Features
None
Community Features
None
Lot Description
Level
Pool Description
None
Cooling
Attic Fan, Central Air, Ceiling Fan(s)
Heating
Central, Natural Gas
Elementary School
Battlefield Elementary
Middle School
Lakeview Middle
High School
Lakeview-Ft. Oglethorpe
Financing Available
Cash, Conventional

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Listing courtesy of REAL Broker.