240 Varnes Lane
Lakemont, GA 30552
10.00 acres | #7464136
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.
Property Details
- Utility FeaturesElectricity Available, Natural Gas Available
- Parking FeaturesLevel Driveway
- Elementary SchoolRabun County
- Middle SchoolRabun County
- High SchoolRabun County
- Sewer InformationSeptic Tank
- CountyRabun - GA
- Original List Price$1,600,000
- Fence DescriptionBack Yard
- Parking TypeDriveway
- Property TypePurchase
- Lot DescriptionPrivate
- MLS #7464136
- Cost1600000
- MLS #7464136
- Utility SourcePublic
- Taxes Annual$1,449
- Property ConditionResale
- Property SubtypeOther
- ViewCity
- Year Built1986
- Acres10
- SubdivisionNA
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Syed Firoz (#FIROZS)
Listing Office: Virtual Properties Realty.com (#VIRT01)
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