Skip To Content

240 Varnes Lane

Lakemont, GA 30552
  • $1,600,000
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 10387152
UPDATED: 24 min ago
$1,600,000
  • 0
    BEDS
  • 10
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1986
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

Monthly Payment Calculator



Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Jon Barnwell Team | RE/MAX Town & Country are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Jon Barnwell Team | RE/MAX Town & Country. Data last updated: 2024-12-14T08:09:41.53.
www.buyrabun.com/homes/156087777
Print Image

240 Varnes Lane Lakemont, GA 30552

  • Price: $1,600,000
  • Status: Active
  • On Site: 73 Days
  • Updated: 24 min ago
  • MLS #: 10387152
0
Beds
0
Baths
0
½ Baths
10
Acres
1986
Built
Neighborhood:
None
County:
Rabun
Area:
Lakemont
Elementary School:
Rabun County Primary/Elementar
Middle School:
Rabun County
High School:
Rabun County
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.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials BlockBrickVinyl SidingWood Siding Garage YN No Levels Two Lot Size Area 10 Lot Size Source Owner Lot Size Units Acres Open Parking YN Yes Parking Features Parking Pad Parking Total 0

Interior Features

Above Grade Finished Area Units Square Feet Basement Finished BathDaylightExterior EntryFinishedFull Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Ceiling Fan(s)Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Central Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features None Es Bus Yn Yes Green Building Verification Type ENERGY STAR Certified Homes Green Energy Efficient Appliances Gross Income 1205000 Hs Bus Yn Yes Ms Bus Yn Yes New Construction YN No Property Condition Resale Sewer Septic Tank Special Listing Conditions As IsInvestor Owned Structure Type DuplexMulti FamilyQuadruplexTriplex Tax Annual Amount 1449 Tax Year 2023 Utilities Electricity Individual Meters Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Virtual Properties Realty.com: 770-495-5050. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Jon Barnwell Team | RE/MAX Town & Country are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Jon Barnwell Team | RE/MAX Town & Country. Data last updated: 2024-12-14T08:09:41.53.
 
https://bt-photos.global.ssl.fastly.net/gamls/orig_boomver_3_10387152-2.jpg https://bt-photos.global.ssl.fastly.net/gamls/orig_boomver_3_10387152-2.jpg https://bt-photos.global.ssl.fastly.net/gamls/orig_boomver_3_10387152-2.jpg
Logo
Jon Barnwell Team | RE/MAX Town & Country
29 East Savannah Street
Clayton GA, 30525