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Toccoa,GA 30577
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,660 sqft
Price per Sqft $132
Subdivision Terry Standridge
MLS Listing ID 7543062
Style Ranch
Bedrooms 5
Full Baths 2
Year Built 2002
Annual Tax Amount $1,320
Tax Year 2024
Lot Size 1.010 Acres
Property Sub-Type Single Family Residence
Property Description
Looking for a turnkey, high-yield investment? This 5-bedroom, 2-bathroom PadSplit in Toccoa is already generating over $28,000 per year in gross income and there's room to grow! Convert the living room into a 6th bedroom to increase revenue even further. Unlike traditional rental properties, PadSplit offers steady, diversified income from multiple tenants, reducing vacancy risk. Google "PadSplit" to learn more about the platform. The current owner has had zero issues with code enforcement or nearby residents. Seller is currently paying off the remaining $71,000 on his mortgage at 4.25%, and is ready to sell subject-to if the buyer makes up the difference at closing. Toccoa itself is a hidden gem, offering a peaceful, small-town feel with plenty to explore. Just a short drive from Toccoa Falls, one of Georgia's most stunning waterfalls, and near Lake Hartwell, an outdoor lover's paradise, this area attracts residents who appreciate affordability without sacrificing quality of life. Downtown Toccoa features charming local shops, restaurants, and a welcoming community atmosphere.
Location
State GA
County Stephens
Rooms
Other Rooms None
Dining Room None
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Vinyl,Wood
Fireplaces Number 1
Fireplaces Type Living Room
Laundry Common Area,Laundry Room,Main Level
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway
Fence None
Pool None
Community Features None
Utilities Available Electricity Available,Water Available
Waterfront Description None
View Neighborhood
Roof Type Shingle
Building
Lot Description Back Yard,Front Yard
Story One
Foundation Block
Sewer Septic Tank
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Liberty - Stephens
Middle Schools Stephens County
High Schools Stephens County
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None