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240 Varnes Lane, Lakemont, GA 30552

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Listing Type
other
Listing Status
active
29
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$1,600,000

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Home Details for 240 Varnes Lane
Price
$1,600,000
Type
other
Year Build
1986
Lot Size
10
County
Rabun
Tax
$1,449
MLS®️ Listing#
7464136
On exitrealty.com
325 days
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.
Property Features
School Information

School Information for 240 Varnes Lane

Elementary School
Rabun County
Middle School
Rabun County
High School
Rabun County
Listing Courtesy: Virtual Properties Realty.com - 770-495-5050
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Last Updated: 2025-02-19 18:12:08
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EXIT TEAM REALTY
1755 The Exchange, Suite 204, Atlanta, GA 30339
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$1,600,000

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EXIT TEAM REALTY
1755 The Exchange, Suite 204, Atlanta, GA 30339
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