Renovated Duplex in Lakemont,
230 Varnes Lane Lakemont, GA 30552
MULTI_FAMILY - Lakemont, GA
Lot size:
3.00 Acres- Added:
- Sep 21, 2024
- Days on Market:
- 658
- Last Refresh:
- Jul 10 at 1:06 pm
Property Features for 230 Varnes Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Standard status
- Active
- APN
- 046B 005
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 1449
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Block, Wood Siding
Listing agent Syed Firoz License #419636 (470) 269-0420
Listing office Virtual Properties Realty.com 2750 Premiere Pkwy, Ste. 200, Duluth, GA (770) 495-5050
Listing date Sep 21, 2024
MLS# 10382518
Listing URL
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Investment Insights
Based on property information with market context.
This renovated and upgraded duplex in Lakemont, GA, presents a great opportunity for both owner-occupiers and investors. Located just off Highway 441 and minutes from Lake Rabun, the property offers convenient access to local amenities. The duplex features a new metal roof, new flooring, upgraded kitchens with granite countertops, and fresh paint. Zoned R3, the 3-acre lot offers potential for further development. Currently, both sides of the duplex are tenant-occupied, with each unit paying $1200 per month, totaling $2400 monthly. The market rate is $1600, indicating the potential to increase rents.
Key Highlights
- Fully renovated and upgraded duplex with new metal roofing, flooring, kitchens, and paint.
- Excellent investment opportunity with current total rental income of $2400/month and potential to increase to market rate of $1600 per unit.
- Zoned R3 with room for further development.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Upgraded duplex near Lake Rabun, ideal for investors/owner-occupiers.
Where is this duplex located?
The property is located at 230 Varnes Lane Lakemont, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Fully renovated and upgraded duplex with new metal roofing, flooring, kitchens, and paint.; Excellent investment opportunity with current total rental income of $2400/month and potential to increase to market rate of $1600 per unit.; Zoned R3 with room for further development.
