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.
Active
$1,600,000
240 Varnes Ln, Lakemont, GA 30552
30beds
15baths
--sqft
Est.:
Other, Residential Income
Built in 1986
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 207 days
- on Zillow |
- 149 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: December 29, 2024 at 01:35am
Listing Provided by:
Syed Firoz,
Virtual Properties Realty.com
Source: FMLS GA,MLS#: 7464136

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 30
- Bathrooms: 15
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Carpet
- Windows: Double Pane Windows
Video & virtual tour
Property
Parking
- Parking features: Level Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: No Dock
- Fencing: Back Yard
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 10 Acres
- Features: Private
Details
- Parcel number: 046B 005
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other, Residential Income
Materials
- HardiPlank Type
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Green energy
- Green verification: ENERGY STAR Certified Homes
- Energy efficient items: Appliances
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: Carbon Monoxide Detector(s)
HOA
- Has HOA: No
Location
- Region: Lakemont
Financial & listing details
- Annual tax amount: $1,449
- Date on market: 10/1/2024
- Listing terms: 1031 Exchange,Cash,Conventional
- Electric utility on property: Yes
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