Description
Looking for a turnkey, high-yield investment? this 5-bedroom, 2-bathroom padsplit in toccoa is already generating over $28,000 per year in gross income and there's room to grow! convert the living room into a 6th bedroom to increase revenue even further. unlike traditional rental properties, padsplit offers steady, diversified income from multiple tenants, reducing vacancy risk. google "padsplit" to learn more about the platform. the current owner has had zero issues with code enforcement or nearby residents. seller is currently paying off the remaining $71,000 on his mortgage at 4.25%, and is ready to sell subject-to if the buyer makes up the difference at closing. toccoa itself is a hidden gem, offering a peaceful, small-town feel with plenty to explore. just a short drive from toccoa falls, one of georgia's most stunning waterfalls, and near lake hartwell, an outdoor lover's paradise, this area attracts residents who appreciate affordability without sacrificing quality of life. downtown toccoa features charming local shops, restaurants, and a welcoming community atmosphere.
Property Type
ResidentialCounty
StephensStyle
HouseAD ID
48995672
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 5
- Bedrooms On Upper Level: 0
- Bedrooms On Lower Level: 0
- Main Bedrooms: 5
- Room Type: Other
Bathroom Information
- Total Baths: 2
- Full Baths: 2
- Half Baths: 0
- Full Baths Main: 2
- Baths Full Lower: 0
- Baths Full Upper: 0
Water/Sewer
- Water Source: Public
- Water BodyName: None
- Sewer: Septic Tank
Kitchen Information
Interior Features
- Double Vanity,Master On Main Level,Separate Shower,Vaulted Ceiling(s)
Appliances
- Microwave,Refrigerator
Utilities
- Electricity Available,Water Available
Cooling Features
- Ceiling Fan(s),Central Air
Heating Source
- Central
Fireplace
- Number of Fireplaces: 1
- Fireplace Features: Living Room
-
Exterior Features
Building Information
- Built Year: 2002
- Roof Type: Other
- Basement: Crawl Space
Foundation
- Block
Laundry Features
- Common Area
Patio And Porch
- Deck
Construction Materials
- Vinyl Siding
Property Condition
- Resale
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 1.01
- Land Lot: 0
- Lot Size Source: Public Records
- Lot Features: Other
Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Structure Type: House
- Subdivision: Terry Standridge
- City: Toccoa
- State: GA
- Directions: From downtown Toccoa, take US-123 S/GA-17 S toward Toccoa Falls. Turn right onto Old Oak Valley Rd. Continue on Old Oak Valley Rd for approximately 2 miles. The property will be on your left.
- Property Status: New
-
Listing Information
Listing Price Information
- Original List Price: $220,000
-
Taxes / Assessments
Tax Information
- Annual Tax: $1320
- Tax Year: 2024
- Tax Block: 0
- Tax Lot: 33
Home Warranty
- Home Warranty Paid: No
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Virtual Tour
Parking Information
- Parking: 2
- Parking Features: Off Street
Homeowners Association Information
- Association: No
- Association Fee Includes: None
-
School, Utilities & Location Details
School Information
- Elementary School: Liberty
- High School: Stephens County
- High School Bus: Yes
- Middle School: Stephens County
- Middle School Bus: Yes
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
BuyOwner last updated this listing 03/28/2025 @ 20:02
- MLS: 10481012
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Georgia MLS
is a Home, with 5 bedrooms which is recently sold, it has 1,660 sqft, 1 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Toccoa , in zip code 30577, this Stephens County Home and are nearby neighborhoods.