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240 Varnes Lane, Lakemont, GA 30552

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Listing Type
Multi Family
Listing Status
active
19
Overview
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Commute
Transportation
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$1,600,000

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Home Details for 240 Varnes Lane
Price
$1,600,000
Type
Multi Family
Year Build
1986
Lot Size
10
County
Rabun
Basement
Daylight, Exterior Entry, Finished, Full
Tax
$1,449
MLS®️ Listing#
10387152
On exitrealty.com
327 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 Primary/Elementar
Middle School
Rabun County
High School
Rabun County
Listing Courtesy: Virtual Properties Realty.com - 770-495-5050
mls_iconThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright ©2025 GAMLS. All rights reserved.
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Market statistics compiled from data from Georgia MLS.
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EXIT FOR SALE REALTY
254 W. Franklin St., Hartwell, GA 30643
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$1,600,000

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EXIT FOR SALE REALTY
254 W. Franklin St., Hartwell, GA 30643
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