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 7.43% 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 CONTEMPORARY METAL ROOFS, these units have individual electrical meters and wastewater systems with communi ty 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 s located in a tri-county region with extremely low inventory of fee simple and rental housing. Property location is ideal with 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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on Highway 17
in Toccoa, GA
Presented by Living Down South Realty at
Living Down South Realty.


Property MLS #20170917 from GeorgiaMLS

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+ Heating and Cooling

Cooling Features: Ceiling Fan(s), Central Air
Heating Features: Electric, Central, Forced Air

+ Land Info

Lot Size Acres: 11.14
Lot Size Square Feet: 485258

+ Garage and Parking

Parking Features: Parking Pad
Parking Total: 2

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School: Big A
High School: Stephens County
Middle School: Stephens County
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Stephens County High School is a public high school located approximately 5.8 miles away.
Map directions

Shepherd's Hill Academy is a private middle and high school located approximately 2.7 miles away.
Map directions

Big A Elementary School is a public elementary school located approximately 5.6 miles away.
Map directions

Stephens County Middle School is a public middle school located approximately 5.9 miles away.
Map directions

+ Multi-Unit Info

Number of Units: 8

+ Other Property Info

Annual Tax Amount: 1192
Source Listing Status: Active
County: Stephens
Directions: I-85 to exit 173. Travel North on Hwy 17 for approximately 8 miles and make u-turn to travel South on Hwy 17 at next turn ramp. Turn right on to Sisk Road.
Tax Year: 2022
Source Property Type: Residential Income
Owner Pays: Sewer, Trash Collection, Water
Parcel Number: 061 012 (TRACT 2)
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-02-11
$775,000
GeorgiaMLS

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Listing removed 2023-12-02
$0
GeorgiaMLS

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Price Changed 2023-10-10
$779,000
GeorgiaMLS

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Listed 2023-05-03
$800,000
GeorgiaMLS

+ Building and Construction

Year Built: 2003
Construction Materials: Vinyl Siding
Levels: One
Property Age: 21
Property Condition: Resale
Structure Type: Multi Family (5+ Units)

+ Utilities

Sewer: Septic Tank
Electricity Individual Meters
Water Source: Public