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Engel & Völkers Atlanta

atlanta@evatlanta.com +1(404) 845-7724

$ 220,000

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266 Old Oak Valley RD Toccoa, GA 30577

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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

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 2002

Annual Tax Amount $1,320

Tax Year 2024

Lot Size 1.010 Acres

Acres 1.01

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

Lake Name None

Rooms

Bedroom Description Master on Main

Other Rooms None

Basement Crawl Space

Main Level Bedrooms 5

Dining Room None

Interior

Interior Features Vaulted Ceiling(s)

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Vinyl, Wood

Fireplaces Number 1

Fireplaces Type Living Room

Window Features None

Appliance Electric Range, Microwave, Refrigerator

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

Street Surface Concrete

Accessibility None

Handicap Access None

Porch Deck

Total Parking Spaces 2

Private Pool false

Building

Lot Description Back Yard, Front Yard

Story One

Foundation Block

Sewer Septic Tank

Water Public

Architectural Style Ranch

Level or Stories One

Structure Type Vinyl Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Liberty - Stephens

Middle Schools Stephens County

High Schools Stephens County

Others

Senior Community no

Restrictions false

Tax ID 057 033

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing no

Special Listing Condition None

Listed by Keller Williams Realty Metro Atlanta

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Engel & Völkers Atlanta

+1(404) 845-7724

Engel & Völkers Atlanta

266 Old Oak Valley RD Toccoa, GA 30577

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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266 Old Oak Valley RD