201 203 Remsdale ST, Toccoa, GA 30577
201 203 Remsdale ST, Toccoa, GA 30577
201 203 Remsdale ST, Toccoa, GA 30577
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$250,000
Est. payment /mo
0.25 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10703681

HOA Y/N No

Year Built 1981

Annual Tax Amount $1,350

Tax Year 24

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 10890

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

Income-producing opportunity in Toccoa with multiple potential revenue streams! This versatile property features two residential units plus a detached garage/workshop with additional rental possibilities. The larger apartment has recently been refreshed and is currently vacant, ready for a new tenant or owner occupant. Estimated rental income is approximately $1,350/month and includes laundry hookup in the closet. The studio apartment is currently rented for $900/month including utilities. A major bonus is the 24x30 detached two-car garage/workshop featuring two roll-up doors, pedestrian entry door, and full bathroom. This space could rent in its current condition for approximately $600/month or offers future conversion potential for additional studio apartments or living space. Two separate water meters are already in place at the garage, with one currently active. Recent updates include conversion from central HVAC to cost-efficient window A/C units and gas wall heaters. Total utility expenses for the entire property typically average $200-$300/month. Seller currently pays approximately $900 annually for insurance. Projected income potential: * Larger Apartment: approx. $1,350/month * Studio Apartment: $900/month (occupied) * Garage/Workshop: approx. $600/month Potential gross monthly income of approximately $2,800/month. Excellent opportunity for investors or owner-occupants seeking additional income and future expansion possibilities.

Location

State GA

County Stephens

Rooms

Bedroom Description No

Basement None

Interior

Heating Other

Cooling Window Unit(s)

Fireplace No

Exterior

Parking Features Kitchen Level

Garage Spaces 5.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Faces Falls Road to Remsdale Road

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Toccoa

Middle Schools Stephens

High Schools Stephens

Others

HOA Fee Include None

Tax ID T10 117

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition Resale


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201 203 Remsdale ST

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Elizabeth Harvill
Elizabeth Harvill

Agent | License ID: 421606

+1(912) 245-1186 | elizabeth.harvill@exprealty.com

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