145 Remsdale Street

Sold 11/19/24
Sold 11/19/24
Gallery Image 1
Sold
Last Sold Price
$494,352
145 Remsdale St, Toccoa, GA 30577
Multi FamilyProperty Type
1.2 acresLot Size
1981Year Built

Description

Income-Producing Property with Expansion Potential in Prime Toccoa Location This exceptional residential income property consists of two well-maintained duplexes, each offering 3-bedroom, 2-bathroom units with low maintenance. Fully occupied with four excellent tenants, the property generates a gross annual rental income of $39,600-currently below the market value of $1,200 per month per unit, presenting a significant opportunity for increased returns. Each teant has their own water and power meters....Income-Producing Property with Expansion Potential in Prime Toccoa Location This exceptional residential income property consists of two well-maintained duplexes, each offering 3-bedroom, 2-bathroom units with low maintenance. Fully occupied with four excellent tenants, the property generates a gross annual rental income of $39,600-currently below the market value of $1,200 per month per unit, presenting a significant opportunity for increased returns. Each teant has their own water and power meters. City of Toccoa includes Sewer, trach & water. GA Power. Included in the sale are two vacant lots, offering a fantastic opportunity to build additional duplexes and further maximize your investment. Situated in an excellent location, this property is conveniently close to Stephens County Hospital, Toccoa Falls College, and the charming historic downtown Toccoa. Interior photos of one unit are available, with all units in similar condition. To respect the privacy of our tenants, interior visits will be scheduled during the due diligence period only. Don't miss this opportunity to acquire a turn-key investment property with room to grow and increase revenue.
  • Listed by: Joni Scott • Hammock Realty North Georgia
Listing closed: 11/19/2024 05:00 AM • Source: GAMLS, MLS#: 10371793

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Location

Listing Courtesy of Hammock Realty North Georgia, Joni Scott

Sold By Hammock Realty North Georgia, Brett Ivester

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$2,838 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,639

Property Taxes

$199

HOA Dues

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Property Information for 145 Remsdale Street

Property Details
  • Taxes: $2,382 / year
  • MLS Type: Residential Income / Duplex
  • County: Stephens County
  • Subdivision: none
  • Fees Include: None
  • Parking: Kitchen Level, Over 1 Space per Unit
Building Information
  • Stories: 1
  • Residences: 4
  • Year Built: 1981
  • Lot Size: 1.20 AC / 52,272 SF
Summary
Location and General Information
  • Elementary School: Toccoa
  • High School: Stephens County
  • Middle School: Stephens County
  • Amenities: None
  • Directions: Falls Road to Remsdale Road,
Taxes and HOA
  • Association: No
  • Parcel Number: T10118, T10119
Owner
  • Owner Pays: Other
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • Laundry Features: In Unit
  • Basement Description: None
Property
Utilities
  • Cooling: Central Air
  • Heating Type: Central
  • Water/Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public
Property and Assessments
  • Tax Year: 2023
  • Construction: Wood Siding
  • Stories: One
  • Property Condition: Resale
Lot Information
  • Structure: Duplex, Quadruplex
  • Foundation Details: Slab
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Annual Gross Income: $39,600.00
Unit 1
  • Unit Type Description: #2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $950.00
  • Unit Type Living Area: 1354
  • Unit Type Features: Range/Oven, Refrigerator

Schools near 145 Remsdale Street

This home is within Stephens County School District.
Rating
School
Type
Grades
Distance
Toccoa Elementary School
Public - 2 to 4
Stephens County Middle School
Public - 6 to 8
Stephens County High School
Public - 9 to 12
Liberty Elementary School
Public - 1 to 2
Rating
School
Distance
Toccoa Elementary School
Public2 to 4

Stephens County Middle School
Public6 to 8

Stephens County High School
Public9 to 12

Liberty Elementary School
Public1 to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 145 Remsdale Street, Toccoa, GA 30577
$494,352
–
–
–
52,272
139 Remsdale Street, Unit 141, Toccoa, GA 30577
–
–
–
2,527
18,731
0 Laurel Hill Court, Toccoa, GA 30577
$210,000
–
–
6,500
132,422
143 Remsdale Street, Unit 145, Toccoa, GA 30577
–
–
–
2,527
33,541
28 Laurel Hill Court, Toccoa, GA 30577
–
–
–
2,569
132,422
11 Windward Way, Unit 13, Toccoa, GA 30577
–
–
–
2,400
13,504

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Listing Courtesy of Hammock Realty North Georgia, Joni Scott

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS, Tiftarea Board of Realtors.Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS, Tiftarea Board of Realtors is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.