Income-Producing Triplex on Large
389 Collins Road Toccoa, GA 30577
For Sale
$329,000
MULTI_FAMILY - Toccoa, GA
Lot Size1.80 Acres
Days on Market80
Property Features for 389 Collins Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 6
- Parking features
- Carport
- Window features
- Wood Frames
- Standard status
- Active
- APN
- T28 168
- Lot size
- 1.80 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2225
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Zoned, Solar (Heating), Electric (Heating)
- Cooling system
- Electric, Central Air, Zoned, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Flooring type
- Laminate, Hardwood
- Building materials
- Cement Siding, Concrete, Vinyl Siding
- Roof type
- Composition
Listing Agency:
NorthGroup Real Estate
(404) 383-6616
Listed By:
Donna Smith · License #132761
(704) 412-2804
Added: May 6
Changed: May 18
Last Checked: Jul 24 at 6:06PM
MLS# 7772234
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Investment Insights
Based on property information with market context.
This property features an active income-producing 3-unit converted home situated on a 1.8-acre lot in Toccoa, Georgia. The layout includes a central 2-bedroom residence with a large kitchen, along with two separate studio-style Accessory Dwelling Units (ADUs) that have remodeled bathrooms. This configuration is suitable for rental income or multi-generational living. A high-capacity solar array, installed 3 years ago and under a transferable 25-year warranty, enhances efficiency. Common amenities include a laundry area and expansive decks. A dedicated exterior workshop, equipped with its own 220V power panel, is suitable for storage, projects, or potential conversion into additional units. The 1.8-acre lot allows for the construction of a private entry road, which would facilitate the development of additional rental units on the rear of the property without disturbing the existing tenants. The sale includes a survey, plat, and an Accuworth report detailing the roof's condition.
Key Highlights
- Active income‑producing 3‑unit property (2 ADUs + 2‑bedroom residence) ideal for rental cash flow or multi‑generational living.
- Expansive 1.8‑acre lot with potential for building additional rental units with a separate entry road.
- High‑capacity solar array (installed 3 years ago) with a transferable 25‑year warranty for energy efficiency.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit property with solar array on 1.8 acres.
Where is this triplex located?
The property is located at 389 Collins Road Toccoa, GA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Active income‑producing 3‑unit property (2 ADUs + 2‑bedroom residence) ideal for rental cash flow or multi‑generational living.; Expansive 1.8‑acre lot with potential for building additional rental units with a separate entry road.; High‑capacity solar array (installed 3 years ago) with a transferable 25‑year warranty for energy efficiency.