Renovated Duplex in
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
- Parking features
- Driveway
- Window features
- Double Pane Windows
- Standard status
- Active
- APN
- 046B 005
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 1449
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet
- Building materials
- HardiPlank Type
- Roof type
- Metal
Listing agent Syed Firoz License #419636 (770) 495-5050
Listing office Virtual Properties Realty.com 2750 Premiere Pkwy Suite 200, Duluth, GA (770) 495-5050
Listing date Sep 21, 2024
MLS# 7459293
Listing URL
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Investment Insights
Based on property information with market context.
This renovated and upgraded duplex in Lakemont, Georgia, presents a great opportunity for both owner-occupiers and investors. Situated just off Highway 441 and minutes from Lake Rabun, the property offers convenient access to local amenities. The duplex features new metal roofing, new flooring, upgraded kitchens with granite countertops, and fresh paint throughout. Both units have an open floor plan, with the kitchen open to the living space and dining room, as well as laundry facilities. Each unit includes a master living area and bath, along with a guest bedroom and bath. Both sides are currently tenant-occupied and have electric interior heat and air units. Duplex A and Duplex B each generate $1200 per month, totaling $2400 per month in rental income. There is potential to increase the rent to the market rate of $1600 per unit. The property is zoned R3 and offers room for further development. The lot size is 3 acres.
Key Highlights
- Totally renovated and upgraded duplex with new metal roofing, flooring, kitchens, and paint.
- Excellent investment opportunity with current total rent of $2400 per month and potential to increase to market rate of $1600 per unit.
- Zoned R3 with plenty of room for more 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.
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: Totally renovated and upgraded duplex with **new metal roofing, flooring, kitchens, and paint.**; **Excellent investment opportunity** with current total rent of $2400 per month and potential to increase to market rate of $1600 per unit.; Zoned R3 with plenty of room for more development.
