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Cynthia Walker

cynthia.walker@evatlanta.com +1(404) 840-3186

$ 1,600,000

Est. payment -/mo

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Active

240 Varnes LN Lakemont, GA 30552

10 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 7464136

Construction Status Resale

HOA Y/N No

Year Built 1986

Annual Tax Amount $1,449

Tax Year 2023

Lot Size 10.000 Acres

Acres 10.0

Property Sub-Type Other

Source First Multiple Listing Service

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

Area Na

Lake Name None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet

Window Features Double Pane Windows

Exterior

Parking Features Level Driveway

Fence Back Yard

Community Features None

Utilities Available Electricity Available, Natural Gas Available

Waterfront Description None

View Y/N Yes

View City

Roof Type Metal

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Private

Story Two

Sewer Septic Tank

Water Public

Level or Stories Two

Structure Type HardiPlank Type

Construction Status Resale

Schools

Elementary Schools Rabun County

Middle Schools Rabun County

High Schools Rabun County

Others

Senior Community no

Tax ID 046B 005

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

Listed by Virtual Properties Realty.com

Cynthia Walker

Real Estate Advisor

+1(404) 840-3186

Cynthia Walker

240 Varnes LN Lakemont, GA 30552

Key Details

Location

Interior

Exterior

Building

Schools

Others

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240 Varnes LN