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  • $1,600,000

    240 Varnes Ln, Lakemont, GA 30552

    30beds
    15baths
    --sqft
    : 
    Other, Residential Income
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    207 days
    on Zillow
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    149
    |
    4
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    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#: 7464136MLS Logo
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    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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