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$1,600,000
2 Days Online

240 Varnes Lane
Lakemont, GA 30552

For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1986
Built
Subdivision:
NA
County:
Rabun

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240 Varnes Lane240 Varnes Lane240 Varnes Lane240 Varnes Lane
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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.

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Listing Snapshot
Price 
$1,600,000
Days Online 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
10 Acres
Year Built 
1986
MLS® Number 
7464136
Status 
Active
Property Tax 
$1,449
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing first seen online
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
10
Green Energy Efficient 
Appliances
Number Of Stories 
2
Security 
Carbon Monoxide Detector(s)
Sewer 
Septic Tank
Stories 
Two
Utilities 
Electricity AvailableNatural Gas Available
Water Source 
Public
Interior Features
Cooling 
Ceiling Fan(s)Central Air
Flooring 
Carpet
Furnished 
Unfurnished
Heating 
Central
Window Features 
Double Pane Windows
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Exterior Features
Construction Details 
HardiPlank Type
Fencing 
Back Yard
Lot Features 
Private
Roof 
Metal
View 
City
Waterfront Features 
None
Waterview 
City
Windows/Doors 
Double Pane Windows
Community Features
Community Features 
None
Financing Terms Available 
1031 ExchangeCashConventional
Schools
School District
Unknown
Elementary School
Rabun County
Middle School
Rabun County
High School
Rabun County
Listing Provided Courtesy Of: Syed Firoz of Virtual Properties Realty.com sfirozrealestate@gmail.com

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