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0 Hwy 17

Toccoa, GA 30577
  • $775,000
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: 20170917
UPDATED: 155 min ago
$775,000
  • 0
    BEDS
  • 11.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2003
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Boomer Lee Homes | Next Move Real Estate are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Boomer Lee Homes | Next Move Real Estate. Data last updated: 2024-05-20T08:15:47.157.
www.boomerleehomes.com/homes/147518683
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0 Hwy 17 Toccoa, GA 30577

  • Price: $775,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 155 min ago
  • MLS #: 20170917
0
Beds
0
Baths
0
½ Baths
11.14
Acres
2003
Built
Neighborhood:
None
County:
Stephens
Area:
Toccoa
Elementary School:
Big A
Middle School:
Stephens County
High School:
Stephens County
Property Description
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.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Garage YN No Levels One Lot Size Area 11.14 Lot Size Source Other Lot Size Units Acres Open Parking YN Yes Parking Features Parking Pad Parking Total 2

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Ceiling Fan(s)Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating ElectricCentralForced Air Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features None Listing Terms 1031 ExchangeCashConventional New Construction YN No Property Condition Resale Property Sub Type Multi Family Sewer Septic Tank Special Listing Conditions Rental Structure Type Multi Family Tax Annual Amount 1192 Tax Year 2022 Utilities Electricity Individual Meters Water Source Public

GAMLS logo Listing provided courtesy of Living Down South Realty: 706-806-8808. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Boomer Lee Homes | Next Move Real Estate are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Boomer Lee Homes | Next Move Real Estate. Data last updated: 2024-05-20T08:15:47.157.
 
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5715 Hwy 21 South
Rincon GA, 31326