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
RanchAD ID
49001518
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BuyOwner last updated this listing 03/27/2025 @ 11:52
- MLS: 7543062
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: FMLS
is a Home, with 5 bedrooms which is for sale, it has 1,260 sqft, 1 sized lot, and 0 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.