240 Varnes LN, Lakemont, GA 30552 – 10387152

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L|H Real Estate Group

lhgroup@evmountains.com +1(706) 514-1042

$ 1,600,000

Est. payment | -/mo

10 Acres Lot

Save

$ 1,600,000

Est. payment | -/mo

Save

10 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10387152

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1986

Annual Tax Amount $1,449

Tax Year 2023

Lot Size 10.000 Acres

Acres 10.0

Lot Dimensions 10

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 Finished Bath, Daylight, Exterior Entry, Finished, Full

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Parking Pad

Community Features None

Utilities Available Electricity Individual Meters

View Y/N No

Garage No

Private Pool No

Building

Faces PLEASE USE GPS

Sewer Septic Tank

Water Public

Structure Type Block,Brick,Vinyl Siding,Wood Siding

New Construction No

Schools

Elementary Schools Rabun County Primary/Elementar

Middle Schools Rabun County

High Schools Rabun County

Others

HOA Fee Include None

Tax ID 046B 005

Special Listing Condition Resale

+1(706) 514-1042

lhgroup@evmountains.com

3801 East First St, Ste A, Ridge, Ga., 30513

240 Varnes LN Lakemont, GA 30552