$220,000
For Sale

266 Old Oak Valley Road

Toccoa, GA 30577
1660 sqft | 5 beds | 2 baths | 1.01 acres | #10481012
Browse 11 photos
Type:Purchase
Structure:House
Zone:Residential

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 there's room to grow! Convert the living room into a 6th bedroom to increase revenue even further. Unlike traditional rental properties, PadSplit offers steady, diversified income from multiple tenants, reducing vacancy risk. Google "PadSplit" to learn more about the platform. The current owner has had zero issues with code enforcement or nearby residents. Seller is currently paying off the remaining $71,000 on his mortgage at 4.25%, and is ready to sell subject-to if the buyer makes up the difference at closing. Toccoa itself is a hidden gem, offering a peaceful, small-town feel with plenty to explore. Just a short drive from Toccoa Falls, one of Georgia's most stunning waterfalls, and near Lake Hartwell, an outdoor lover's paradise, this area attracts residents who appreciate affordability without sacrificing quality of life. Downtown Toccoa features charming local shops, restaurants, and a welcoming community atmosphere.

  • Property Details
      • InteriorDouble Vanity, Master On Main Level, Separate Shower, Vaulted Ceiling(s)
      • Utility FeaturesElectricity Available, Water Available
      • SubdivisionTerry Standridge
      • Middle SchoolStephens County
      • High SchoolStephens County
      • Short SaleInvestor Owned
      • Basement DescriptionCrawl Space
      • Sewer InformationSeptic Tank
      • Property TypePurchase
      • CountyStephens
      • MLS #10481012
      • MLS #10481012
      • Elementary SchoolLiberty
      • Utility SourcePublic
      • Taxes Annual$1,320
      • Cost220000
      • Lot DescriptionOther
      • StyleRanch
      • FoundationBlock
      • Property SubtypeHouse
      • Structure TypeHouse
      • Acres1.01
      • Square Feet1660
      • Year Built2002
      • Fireplaces1
      • Bedrooms5
      • Bathrooms2
      • Full Baths2
      • Bedrooms on Main Level5
      • Parking Spaces2
      • Basement1
      • Master on Main1

Location

Clint Adamson and Heather AdamsonReal Estate Group
OR

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