240 Varnes Lane, Lakemont, GA 30552
- $1,500,000
- List Price
- $1,500,000
- Price Change
- ▼ $100,000 1770698441
- MLS#
- 7464136
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Other
- Lot Size
- 10
- Subdivision
- Na
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.
Additional Information
- Stories
- Two
- Construction
- HardiPlank Type
- Year Built
- 1986
- Neighborhood Amenities
- None
- Roof
- Metal
- Lot Dimensions
- x
- Parking
- Level Driveway
- Lot Desc
- Private
- Water
- Public
- Sewer
- Septic Tank
- Elementary School
- Rabun County
- Middle School
- Rabun County
- High School
- Rabun County
- Acres
- 10
- Dock
- None
- Levels
- Two
- Taxes
- $1,449
Listing courtesy of Virtual Properties Realty.com.
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