$1,600,000
240 Varnes LN Lakemont, GA 30552
19
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Listed by Syed Firoz • Virtual Properties Realty.com
$1,600,000
Est. payment /mo
10 Acres Lot
Active
240 Varnes LN Lakemont, GA 30552
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10387152
Construction Status Resale
HOA Y/N No
Year Built 1986
Annual Tax Amount $1,449
Tax Year 2023
Lot Size 10.000 Acres
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.
Location
State GA
County Rabun
Rooms
Basement Bath Finished, Daylight, Exterior Entry, Finished, Full
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Exterior
Garage Parking Pad
Community Features None
Utilities Available Electricity Individual Meters
Building
Story Two
Sewer Septic Tank
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Rabun County Primary/Elementar
Middle Schools Rabun County
High Schools Rabun County
Others
Special Listing Condition As Is, Investor Owned
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