240 Varnes LN Active Save Request In-Person Tour Request Virtual Tour
Lakemont,GA 30552
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 7464136
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1986
Annual Tax Amount $1,449
Tax Year 2023
Lot Size 10.000 Acres
Acres 10.0
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
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Carpet
Window Features Double Pane Windows
Exterior
Parking Features Level Driveway
Fence Back Yard
Community Features None
Utilities Available Electricity Available,Natural Gas Available
Waterfront Description None
View City
Roof Type Metal
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Private
Story Two
Sewer Septic Tank
Water Public
Level or Stories Two
Structure Type HardiPlank Type
New Construction No
Construction Status Resale
Schools
Elementary Schools Rabun County
Middle Schools Rabun County
High Schools Rabun County
Others
Senior Community no
Tax ID 046B 005
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None