204 E 16th Street Sw, Rome, GA 30161

Rome
Local realty services provided by:ERA Towne Square Realty, Inc.
204 E 16th Street Sw,Rome, GA 30161
$130,000
  • 3 Beds
  • 1 Baths
  • 1,254 sq. ft.
  • Single family
  • Active
Listed by: trivon thompson
Office: coldwell banker realty
MLS#:10729968
Source:METROMLS

Price summary

  • Price:$130,000
  • Price per sq. ft.:$103.67

About this home

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...

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Home facts

  • Year built:1940
  • Listing ID #:10729968
  • Updated:July 01, 2026 at 11:17 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Microwave, Oven/Range (Combo), Refrigerator
  • Bedroom Description:Master On Main Level
  • Living area:1,254 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Composition
  • Year built:1940
  • Building area:1,254 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Level
  • Architectural Style:Bungalow/Cottage
  • Construction Materials:Aluminum Siding
  • Levels:1 Story

Schools

  • High school:Rome
  • Middle school:Rome
  • Elementary school:Anna K Davie

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$130,000
  • Price per sq. ft.:$103.67
  • Tax amount:$1,088 (2025)

Features and amenities

  • Appliances:Dishwasher, Electric Water Heater, Microwave, Oven/Range (Combo), Refrigerator
  • Laundry features:In Hall
  • Amenities:Electric Water Heater
MLS Logo2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed July 1, 2026

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