139,141,143,145 Remsdale Street, Toccoa, GA 30577

$494,352

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Sold Price
$494,352
List Price
$569,900
Closing Date
Nov 19, 2024
MLS#
10371793
Type
Multifamily
City
Toccoa
County
Stephens
Subdivision
none
Year Built
1981

Property Description

Income-Producing Property with Expansion Potential in Prime Toccoa Location This exceptional residential income property consists of two well-maintained duplexes, each offering 3-bedroom, 2-bathroom units with low maintenance. Fully occupied with four excellent tenants, the property generates a gross annual rental income of $39,600-currently below the market value of $1,200 per month per unit, presenting a significant opportunity for increased returns. Each teant has their own water and power meters. City of Toccoa includes Sewer, trach & water. GA Power. Included in the sale are two vacant lots, offering a fantastic opportunity to build additional duplexes and further maximize your investment. Situated in an excellent location, this property is conveniently close to Stephens County Hospital, Toccoa Falls College, and the charming historic downtown Toccoa. Interior photos of one unit are available, with all units in similar condition. To respect the privacy of our tenants, interior visits will be scheduled during the due diligence period only. Don't miss this opportunity to acquire a turn-key investment property with room to grow and increase revenue.

Additional Information

Elementary School
Toccoa
High School
Stephens County
Parking
Kitchen Level, Over 1 Space per Unit
Basement Type
None
Stories
1 Story
Fees Include
None
Tax Year
2023

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Listing courtesy of Hammock Realty North Georgia. Selling Office: .

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