Toccoa, GA 30577,139,141,143,145 Remsdale Street
Toccoa, GA 30577,139,141,143,145 Remsdale Street
Toccoa, GA 30577,139,141,143,145 Remsdale Street
Toccoa, GA 30577,139,141,143,145 Remsdale Street
Toccoa, GA 30577,139,141,143,145 Remsdale Street
Toccoa, GA 30577,139,141,143,145 Remsdale Street
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$494,352

$569,900

13.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1.2 Acres Lot


SOLD DATE : 11/19/2024

Key Details

Sold Price $494,352

Property Type Multi-Family

Sub Type Multi Family,Duplex,Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10371793

Sold Date 11/19/24

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1981

Annual Tax Amount $2,382

Tax Year 2023

Lot Size 1.200 Acres

Acres 1.2

Lot Dimensions 1.2

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.

Location

State GA

County Stephens

Rooms

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry In Unit

Exterior

Parking Features Kitchen Level, Over 1 Space per Unit

Community Features None

Utilities Available Electricity Individual Meters, Sewer Connected, Water Individual Meters

View Y/N No

Garage No

Private Pool No

Building

Faces Falls Road to Remsdale Road,

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Toccoa

Middle Schools Stephens County

High Schools Stephens County

Others

HOA Fee Include None

Tax ID T10118, T10119

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Resale

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