139,141,143,145 Remsdale Street Under Contract Save Request In-Person Tour Request Virtual Tour
Toccoa,GA 30577
Key Details
Property Type Single Family Home
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 10371793
Construction Status Resale
HOA Y/N No
Year Built 1981
Annual Tax Amount $2,382
Tax Year 2023
Lot Size 1.200 Acres
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
Exterior
Garage Kitchen Level,Over 1 Space per Unit
Community Features None
Utilities Available Electricity Individual Meters,Sewer Connected,Water Individual Meters
Building
Story One
Foundation Slab
Sewer Public Sewer
Level or Stories One
Construction Status Resale
Schools
Elementary Schools Toccoa
Middle Schools Stephens County
High Schools Stephens County
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional