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 it brought in over $3,400 just in March. There's room to grow, too: convert the living room into a 6th bedroom to boost revenue even further. Unlike traditional rentals, PadSplit offers steady, diversified income from multiple tenants, reducing vacancy risk. The seller is open to a subject-to sale—the remaining $71,000 mortgage at 4.25% can stay in place if the buyer makes up the difference at closing. Toccoa is a hidden gem with small-town charm, close to natural highlights like Toccoa Falls and Lake Hartwell, and a walkable downtown full of local shops, restaurants, and friendly community vibes.
Active
Price cut: $11K (4/17)
$199,000
266 Old Oak Valley Rd, Toccoa, GA 30577
5beds
1,660sqft
Est.:
Single Family Residence, Residential
Built in 2002
1.01 Acres Lot
$195,900 Zestimate®
$120/sqft
$-- HOA
What's special
- 39 days
- on Zillow |
- 3,849 |
- 321 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 05:39am
Listing Provided by:
Josh Stanton,
Keller Williams Realty Metro Atlanta 404-564-5560,
Brandon Beamer,
Keller Williams Realty Metro Atlanta
Source: FMLS GA,MLS#: 7543062

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 5
Rooms
- Room types: Living Room
Primary bedroom
- Features: Master on Main
- Level: Master on Main
Bedroom
- Features: Master on Main
Primary bathroom
- Features: Double Vanity, Separate Tub/Shower
Dining room
- Features: None
Kitchen
- Features: Cabinets Stain, Eat-in Kitchen, Laminate Counters
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Range, Microwave, Refrigerator
- Laundry: Common Area, Laundry Room, Main Level
Features
- Vaulted Ceiling(s)
- Flooring: Vinyl, Wood
- Windows: None
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,660
- Total interior livable area: 1,660 sqft
- Finished area above ground: 1,260
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Rain Gutters, No Dock
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
- Body of water: None
Lot
- Size: 1.01 Acres
- Dimensions: 215x217x231x222
- Features: Back Yard, Front Yard
Details
- Additional structures: None
- Additional parcels included: 0
- Parcel number: 057 033
- Special conditions: Standard
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 2002
Utilities & green energy
- Electric: 110 Volts
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Terry Standridge
HOA
- Has HOA: No
Location
- Region: Toccoa
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $106,090
- Annual tax amount: $1,320
- Date on market: 3/18/2025
- Listing terms: Cash,Conventional,Owner May Carry
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Concrete
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