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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.

PROPERTY FEATURES

Utilities : Electricity Individual Meters,Sewer Connected,Water Individual Meters Sewer : Public Sewer Water Source : Public
Parking Features: Kitchen Level,Over 1 Space per Unit
Structure Type : Duplex,Quadruplex Property Condition : Resale
Cooling: Central Air Heating : Central
Construction Materials: Wood Siding Foundation Details : Slab
LaundryFeatures : In Unit Levels : One

PROPERTY DETAILS

Street Address: 139,141,143,145 Remsdale Street
City: Toccoa
State: Georgia
Postal Code: 30577
County: Stephens
MLS Number: 10371793
Year Built: 1981
Courtesy of Hammock Realty North Georgia

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