240 Varnes LN Active

Lakemont,GA 30552

$ 1600000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10387152

Construction Status Resale

HOA Y/N No

Year Built 1986

Annual Tax Amount $1,449

Tax Year 2023

Lot Size 10.000 Acres

Property Description

THIS PROPERTY IS ZONED MULTI-FAMILY AND CONTAINS 7 BUILDINGS WITH 10 UNITS. THE 7 BUILDINGS CONSIST OF 1 TRIPLEX, 1 DUPLEX, 2 SINGLE WIDE MOBILE HOMES, 2 STUDIO COTTAGES-ONE COTTAGE HAS A LOFT & ALSO A 2/1 CABIN. ALL THE UNITS ARE PRESENTLY LEASED. LISTED ABOVE ARE ONLY 4 BUILDINGS. A COMMUNITY WELL IS USED FOR ALL UNITS. PROPERTY CONSIST OF 4 ACRES AND ADDITIONAL 6 ACRES WITH PLENTY OF ROOM TO EXPAND. TRACT 6 HAS A NOISY BRANCH WITH LOTS OF MOUNTAIN LAUREL, AND A GREAT PRIVATE GET AWAY SPOT TO HIKE, ENJOY, RELAX AND ENJOY THE CLEAN MOUNTAIN AIR. SASSAFRASS KNOLL IS CONVENIENTLY LOCATED OFF OF HWY 441 IN BEAUTIFUL LAKEMONT APPROXIMATELY 5 MILES TO CLAYTON GEORGIA. TRIPLEX AND DUPLEX OFFERED AS SINGLE LISTINGS FOR SALE. 228 (FMLS#7459292)AND 230 (FMLS#7459293) VARNES CALL FOR ADDITIONAL INFORMATION. CURRENT INCOME FROM ALL THESE UNITS ARE $10500. THIS PROPERTY WILL PAY FOR ITSELF! THE PROPERTY IS CURRENTLY ZONED R3 AND THERE ARE ADDITIONAL 6 ACRES AVAILABLE FOR PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL UNITS ARE TENANT OCCUPIED. OWNER PREFERS SHOWINGS TO OCCUR WITH AN ACCEPTABLE OFFER.

Location

State GA

County Rabun

Rooms

Basement Bath Finished,Daylight,Exterior Entry,Finished,Full

Interior

Heating Central

Cooling Ceiling Fan(s),Central Air

Exterior

Parking Features Parking Pad

Community Features None

Utilities Available Electricity Individual Meters

Building

Story Two

Sewer Septic Tank

Level or Stories Two

Construction Status Resale

Schools

Elementary Schools Rabun County Primary/Elementar

Middle Schools Rabun County

High Schools Rabun County

Others

Special Listing Condition As Is,Investor Owned

View More
Favorite Go Tour