201 203 Remsdale Street, Toccoa, GA 30577

$224,900
  • 201 203 Remsdale Street, Toccoa, GA 30577 Main Photo

31 Photos

New to the Market New
BEDS0 BATHS MLS#10855991
STATUSNew PROPERTY TYPEMulti Unit - Multiple NEIGHBORHOODToccoa

Property Description

### INVESTOR ALERT | MULTIPLE INCOME STREAMS! Looking for an investment property with existing rental income and additional value-add potential? This unique Toccoa property offers two residential units plus a detached 24' x 30' garage/workshop, creating multiple opportunities for income and future expansion. LARGE APARTMENT Recently refreshed, move-in ready, and currently vacant. This spacious apartment offers approximately $1,200/month in estimated rental income, including utilities, along with a convenient laundry hookup. STUDIO APARTMENT Currently occupied and producing $900/month in rental income, including utilities. DETACHED GARAGE/WORKSHOP The impressive 24' x 30' building features two roll-up doors, a pedestrian entrance, and a full bathroom. Estimated rental potential is approximately $800/month as a workshop or storage space. There may also be potential to explore conversion to additional living space, subject to applicable approvals and requirements. POTENTIAL MONTHLY INCOME * 2 Bed/1 Bath Apartment: $1,200/month (available) * Studio Apartment: $900/month, currently occupied * Garage/Workshop: Approximately $800/month * Potential total: Approximately $2,900/month Additional highlights include low operating costs, two separate water meters, utilities averaging approximately $200-$300/month, and insurance of approximately $900/year. Whether you're an investor looking to expand your portfolio or an owner-occupant looking for additional income, this property offers flexibility, existing cash flow, and multiple possibilities for future value. A unique opportunity to own a property with multiple income-producing components - and room to potentially create even more value.

201 203 Remsdale Street | MLS# 10855991

This multi-family property located at 201 203 Remsdale Street, Toccoa, GA 30577 is currently listed for sale with an asking price of $224,900. Search Toccoa real estate on cjclements.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Window Unit(s)
Garage: 5
Lot Size: 0.25 Acres
Stories: 1.0
Taxes: $1,200
Year Built: 1981

Feature Descriptions

Days on Site: 1
Exterior: Wood Siding
Foundation: Slab
Parking Notes: Kitchen Level
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

High School: Stephens
Middle School: Stephens
Elementary School: Toccoa

Listed By / Shown By

Listed By

Agency Name: Hammock Realty North Georgia
Agency Phone: 706-963-0269

Shown By

Agent Name: CJ Clements
Agent Phone: (678) 283-3986
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: GAMLS

Estimate Your Payment

Estimated Payment

$ 666.13 per month $500.53 Principal & Interest $100.00 Property Tax $65.60 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder