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Key Details
Sold Price $199,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,660 sqft
Price per Sqft $119
Subdivision Terry Standridge
MLS Listing ID 7543062
Style Ranch
Bedrooms 5
Full Baths 2
Year Built 2002
Annual Tax Amount $1,320
Tax Year 2024
Lot Size 1.010 Acres
Property Sub-Type Single Family Residence
Property Description
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.
Location
State GA
County Stephens
Area Terry Standridge
Rooms
Other Rooms None
Dining Room None
Kitchen Cabinets Stain, Eat-in Kitchen, Laminate Counters
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Vinyl, Wood
Fireplaces Number 1
Fireplaces Type Living Room
Equipment None
Laundry Common Area, Laundry Room, Main Level
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway
Fence None
Pool None
Community Features None
Utilities Available Electricity Available, Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Shingle
Building
Lot Description Back Yard, Front Yard
Story One
Foundation Block
Sewer Septic Tank
Water Public
Structure Type Vinyl Siding
Schools
Elementary Schools Liberty - Stephens
Middle Schools Stephens County
High Schools Stephens County
Others
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
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Bought with EXP Realty, LLC.
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