$494,352
SOLD NOV 19, 2024

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

-- Bed
-- Bath
-- Sq Ft
1.2 Acres

Recently Sold

13% Below List Price

27 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Wood Siding
  • 1-Story Property

About This Home

As of November 2024

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.

Last Agent to Sell the Property

Joni Scott

Hammock Realty North Georgia License #254504 Listed on: 09/05/2024

Last Buyer's Agent

Brett Ivester

Hammock Realty North Georgia License #396980

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,382

Year Built

  • Built in 1981

Home Design

  • Duplex
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Parking

  • Over 1 Space Per Unit
  • Parking Accessed On Kitchen Level

Schools

  • Toccoa Elementary School
  • Stephens County Middle School
  • Stephens County High School

Additional Features

  • 1.2 Acre Lot
  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,382

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1981
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 1.20
  • Structure Type: Duplex, Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Kitchen Level, Over 1 Space per Unit

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Toccoa
  • High School: Stephens County
  • Middle School: Stephens County
  • Elementary School: Toccoa
  • Middle School: Stephens County
  • High School: Stephens County

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2382.06

Multi Family

  • GrossIncome: 39600
  • NumberOfUnitsTotal: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2024 11/19/24 Sold $494,352 -13.3% --
10/02/2024 10/02/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $569,900 -- --
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10371793

Georgia MLS