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Joann Nunnery

joann_nunnery@yahoo.com +1(706) 201-9197

$ 250,000

Est. payment -/mo

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Active

201 203 Remsdale ST Toccoa, GA 30577

0.25 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10703681

HOA Y/N No

Year Built 1981

Annual Tax Amount $1,350

Tax Year 24

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 10890

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

INVESTOR ALERT: MULTIPLE INCOME STREAMS IN ONE PROPERTY! Looking for a property that can generate income from day one while offering future upside? This unique Toccoa investment opportunity checks all the boxes. The property currently features two residential units plus a detached 24' x 30' garage/workshop, creating multiple opportunities for cash flow and future value-add improvements. Large Apartment Recently refreshed and move-in ready, this unit is currently vacant and available for a new tenant or owner-occupant. Estimated rental income is approximately $1,350/month (including utilities) and includes a convenient laundry hookup. Studio Apartment Currently occupied and producing $900/month in rental income, Utilities included. Detached Garage/Workshop The 24' x 30' building features two roll-up doors, a pedestrian entrance, and a full bathroom. Rent it as a workshop or storage space for an estimated $600/month, or explore the potential to convert the building into additional living space. With two separate water meters already in place, the groundwork is there for future expansion. Potential rental income from a conversion could exceed $2,000/month. Income Potential * Large Apartment: Approx. $1,350/month * Studio Apartment: $900/month (currently occupied) * Garage/Workshop: Approx. $600/month * Potential Gross Income: Approximately $2,850/month * Potential for even greater returns with future improvements Additional Highlights: Low operating costs Utilities average approximately $200-$300/month Insurance approximately $900/year Flexible owner-occupant or investor opportunity Multiple value-add strategies available Whether you're looking to build your portfolio, house hack, or create additional income streams, this property offers flexibility, cash flow, and future upside in one package.

Location

State GA

County Stephens

Rooms

Bedroom Description No

Basement None

Interior

Heating Other

Cooling Window Unit(s)

Fireplace No

Laundry In Unit

Exterior

Parking Features Kitchen Level

Garage Spaces 5.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Faces Falls Road to Remsdale Road

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Toccoa

Middle Schools Stephens

High Schools Stephens

Others

HOA Fee Include None

Tax ID T10 117

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition Resale

Joann Nunnery

201 203 Remsdale ST Toccoa, GA 30577

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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201 203 Remsdale ST