270 Madola Rd

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover an exceptional investment opportunity in the heart of Blue Ridge, GA! This 3-unit property features three well-maintained mobile homes, perfectly situated on 1.72 acres in the picturesque North Georgia mountains. This property offers significant upside potential with rents currently under market rate. Investors can capitalize on this opportunity by adjusting rents to reflect the growing demand for affordable workforce housing in Blue Ridge. Set in a thriving area surrounded by the natural...Discover an exceptional investment opportunity in the heart of Blue Ridge, GA! This 3-unit property features three well-maintained mobile homes, perfectly situated on 1.72 acres in the picturesque North Georgia mountains. This property offers significant upside potential with rents currently under market rate. Investors can capitalize on this opportunity by adjusting rents to reflect the growing demand for affordable workforce housing in Blue Ridge. Set in a thriving area surrounded by the natural beauty of the North Georgia mountains, this property appeals to a dependable and growing tenant base, providing stability and long-term investment potential. Don't miss out on this rare opportunity to secure a high-performing, low-maintenance investment in a rapidly growing market. Contact us today for more details and to schedule a tour.
  1. Listed by Gary Mills • Harry Norman Realtors

Property Details for 270 Madola Road

Subdivision
None
Fees Include
None
Parking
Parking Pad
LISTING CLOSED: 03/14/2025 04:00 AM

Property Details for 270 Madola Road

StatusSold
MLS #10452341
Days on Market27
Taxes$300 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Other
Year Built1992
Lot Size1.72 AC / 74,923 SF
CountyFannin County

Location

Listing Courtesy of Harry Norman Realtors, Gary Mills

Sold By Non-Mls Company, Non Mls Salesperson

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Building Information for 270 Madola Road

Stories1Residences3Year Built1992Building Size-Lot Size1.72 AC / 74,923 SF

Payment Calculator

$1,524 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,499

Property Taxes

$25

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 270 Madola Road

Summary
Location and General Information
  • District: 8
  • Elementary School: Blue Ridge
  • ES Bus: Yes
  • High School: Fannin County
  • High School Bus: Yes
  • Middle School: Fannin County
  • Middle School Bus: Yes
  • Amenities: Street Lights, Walk To Schools
  • Directions: From McDonalds on Hwy 76 in Blue Ridge, go north on Hwy 5/Blue Ridge Drive for 7 miles, turn left onto Old Hwy 5/Old State Hwy 5, then a quick right on Madola Rd. Go 0.3 miles to property.
Taxes and HOA
  • Association: No
  • Parcel Number: 0059 B 069
Owner
  • Owner Pays: Other
Parking
  • Parking Total: 8
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • Laundry Features: None
  • Basement Description: Crawl Space
Property
Utilities
  • Cooling: Central Air, Window Unit(s)
  • Heating Type: Central, Electric, Other
  • Water/Sewer: Septic Tank
  • Utilities: Electricity Individual Meters, Other, Water Individual Meters
  • Water Source: Public
Property and Assessments
  • Tax Year: 2024
  • Unit: 0
  • Construction: Other, Steel Siding
  • Stories: One
  • Deed Page: 41
  • Plat Page: 2
  • Property Condition: Resale
  • Deed Book: 1528
  • Plat Book: E-335
Lot Information
  • Land Lot: 105
  • Section: 2
  • Structure: Other, Triplex
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Fuel Expense: $.00
  • Annual Gross Income: $25,800.00
  • Annual Operating Expense: $1,800.00
  • Annual Maintenance Expense: $300.00
  • Insurance Expense: $1,200.00
  • Water Sewer Expense: $.00
  • Electric Expense: $.00
Unit 1
  • Unit Type Description: Unit 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Living Area: 1248
  • Unit Type Features: Dishwasher, Other, Range/Oven, Refrigerator, Smoke/Fire Alarm

Property History for 270 Madola Road

DateEvent & SourcePriceAppreciation
Mar 14, 2025

Sold (Public Record)

Public Record #1556550326

$295,000

-5.4% / yr

Oct 6, 2022

Sold (Public Record)

Public Record #1500011461

$337,500

+35.1% / yr

May 1, 2019

Sold (Public Record)

Public Record #1314781009

$120,000

-5.9% / yr

DateEvent & SourcePrice
03/14/2025

Sold (Public Record)

Public Record #1556550326

$295,000

-5.4% / yr

10/06/2022

Sold (Public Record)

Public Record #1500011461

$337,500

+35.1% / yr

05/01/2019

Sold (Public Record)

Public Record #1314781009

$120,000

-5.9% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 270 Madola Road

Taxable ValueLand$12,588Additions$4,800Total$17,388
Tax Record2025$158 ($13 / month)
Home Facts
Beds0Total Finished SqFt4,160 SqFtAbove Grade Finished SqFt4,160 SqFtStories1Lot Size74,923 SqFtStyleSingle Family ResidenceYear Built1992ZoningRURALCountyFANNINAPN0059 B 069Fireplace TypePre Fab

Schools near 270 Madola Road

This home is within Fannin County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
West Fannin Elementary School
PublicPK to 5

Fannin County Middle School
Public6 to 8

Fannin County High School
Public9 to 12

Blue Ridge Elementary School
PublicPK to 5

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Harry Norman Realtors, Gary Mills

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.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 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.