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Hwy 17, Toccoa

$775,000

0 Beds
0 Baths
0 Sqft
11.14 Acres
0 Garages

CAP continues to rise with scheduled rate increases taking effect so STAKE YOUR INVESTMENT CLAIM with this 8 unit rental community with a history of high occupancy on 11+ Prime ACRES, plenty of room for additional UNITS, and a current 7.3% CAP rate. Situated in between Ga Hwy 17, Historic Hwy 17, and Sisk Rd, this property has ingress and egress access to ALL 3 roads with almost 1,600 ft of road frontage. METICULOUSLY MAINTAINED with ALL NEW METAL ROOFS, these units have individual electrical meters, and wastewater systems with community water (public) and 3rd party trash service provided by the owner. History of long term responsible renters who collectively keep their own outdoor space maintained and free from clutter. DIRECTLY ADJACENT TO NORTH GEORGIA TECHNICAL COLLEGE, this property is located in a tri-county region with extremely low inventory of fee simple and rental housing. Property location is ideal with only a 12 minute drive to I-85 (Lavonia) and 13 minute drive to Historic Downtown Toccoa. Compensation Statement: Listing Broker's offer of compensation to Selling Broker is not limited to MLS membership where the listing is filed.

Essential Information
MLS® #20170917
Price$775,000
Bathrooms0.00
Acres11.14
Year Built2003
TypeResidential Income
StatusActive
Community Information
AddressHwy 17
SubdivisionNone
CityToccoa
CountyStephens
StateGA
Zip Code30577
Amenities
UtilitiesElectricity Individual Meters
Parking Spaces2
ParkingParking Pad
Interior
HeatingElectric, Central, Forced Air
CoolingCeiling Fan(s), Central Air
StoriesOne
Exterior
ConstructionVinyl Siding
School Information
ElementaryBig A
MiddleStephens County
HighStephens County
Additional Information
Days on Market93
Listing Details
Listing Provided Courtesy Of Living Down South Realty
Property History
Status Changed from New to Active

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Listing Provided Courtesy Of Talan Properties LlcGeorgia MLS Logo

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Listing information last updated on May 15th, 2024 at 6:01pm EDT.

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