$210,000
For Sale

266 Old Oak Valley Road

Toccoa, GA 30577
5 beds | 2 baths | 1.01 acres | #7543062
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
      • Utility FeaturesElectricity Available, Water Available
      • Property SubtypeSingle Family Residence
      • Lot DescriptionBack Yard, Front Yard
      • InteriorVaulted Ceiling(s)
      • Elementary SchoolLiberty - Stephens
      • SubdivisionTerry Standridge
      • Middle SchoolStephens County
      • High SchoolStephens County
      • CountyStephens - GA
      • ViewNeighborhood
      • Exterior MaterialsRain Gutters
      • Basement DescriptionCrawl Space
      • Sewer InformationSeptic Tank
      • Parking FeaturesDriveway
      • Parking TypeDriveway
      • Property TypePurchase
      • Original List Price$220,000
      • MLS #7543062
      • MLS #7543062
      • Utility SourcePublic
      • Taxes Annual$1,320
      • Cost210000
      • Property ConditionResale
      • StyleRanch
      • Acres1.01
      • Year Built2002
      • Fireplaces1
      • Bedrooms5
      • Bathrooms2
      • Full Baths2
      • Bedrooms on Main Level5
      • Basement1
      • Master on Main1

Location

Clint Adamson and Heather AdamsonReal Estate Group
OR

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