389 Collins Rd Toccoa, GA 30577
Estimated payment $1,933/month
Highlights
- Solar Power System
- Forced Air Zoned Heating and Cooling System
- Ceiling Fan
- No HOA
- 1-Story Property
- Laundry Facilities
About This Home
Rare opportunity to own an active income-producing 3-unit converted home on a sprawling 1.8-acre lot in Toccoa. The property features a central 2-bedroom residence with a large kitchen, complemented by two separate studio-style ADUs (Accessory Dwelling Units) with remodeled bathrooms. This layout is ideal for consistent rental cash flow or a multi-generational family seeking privacy. The infrastructure is built for efficiency and utility, featuring a high-capacity solar array installed just 3 years ago under a transferable 25-year warranty, alongside a common laundry area and expansive decks for tenant enjoyment. Beyond the existing units, the property offers a dedicated exterior workshop with its own 220V power panel, perfect for storage, projects, or potential conversion into 1 or 2 more units. The expansive 1.8-acre lot provides a significant foundation for future growth; the topography allows for the construction of a private entry road along the side of the home, facilitating the development of additional rental units on the rear of the property without disturbing the existing tenants. The sale is fully transparent and ready for a smooth closing. It includes a survey, plat, and an Accuworth report detailing the roof's condition.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,814
Year Built
- Built in 1963 | Remodeled
Home Design
- Triplex
- Press Board Siding
- Aluminum Siding
- Concrete Siding
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Ceiling Fan
Parking
- 6 Parking Spaces
- Carport
- Parking Pad
- Over 1 Space Per Unit
- Parking Shed
Eco-Friendly Details
- Energy-Efficient Thermostat
- Solar Power System
Schools
- Big A Elementary School
- Stephens Middle School
- Stephens High School
Additional Features
- 1.8 Acre Lot
- Forced Air Zoned Heating and Cooling System
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Building Details
- Electric Expense $140
- Fuel Expense $50
- Water Sewer Expense $100
- Operating Expense $50
- Gross Income $3,200
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,559 | $73,340 | $4,547 | $68,793 |
| 2024 | $1,724 | $48,367 | $4,547 | $43,820 |
| 2023 | $1,593 | $45,045 | $4,547 | $40,498 |
| 2022 | $59 | $36,755 | $4,547 | $32,208 |
| 2021 | $970 | $26,034 | $4,547 | $21,487 |
| 2020 | $970 | $25,810 | $4,547 | $21,263 |
| 2019 | $503 | $15,877 | $4,547 | $11,330 |
| 2018 | $503 | $15,877 | $4,547 | $11,330 |
| 2017 | $511 | $15,877 | $4,547 | $11,330 |
| 2016 | $503 | $15,877 | $4,547 | $11,330 |
| 2015 | $487 | $14,667 | $4,547 | $10,120 |
| 2014 | $495 | $14,667 | $4,547 | $10,120 |
| 2013 | -- | $14,667 | $4,547 | $10,120 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2026 05/06/26 | For Sale | $329,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $153,000 | -- | |
| Warranty Deed | $78,000 | -- | |
| Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Deed | -- | -- |
Source: Georgia MLS
MLS Number: 10758233
APN: T28-168
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Ask me questions while you tour the home.