Building Details

Year Built 1986

Listing Agency: Virtual Properties Realty.com Show Phone

Listed By: Syed Firoz · License #419636 Show Phone

Source: Exitrealty

Added: Oct 14, 2024 Changed: Oct 1 Last Checked: Oct 11 at 5:29AM

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Investment Insights

Based on property information with market context.

Built in 1986, this duplex has undergone extensive renovations affecting both units. Improvements include metal roofing, new flooring, upgraded kitchens, interior paint, granite finishes, and a new deck. Both sides are currently tenant occupied.

The property is located on Varnes Lane in Lakemont, just off Highway 441 and minutes from Lake Rabun. It carries R3 zoning, and the site includes room for additional development.

Key Highlights

• Duplex built in 1986 with both sides currently tenant occupied
• Renovations include new metal roofing, flooring, paint, and deck
• Upgraded kitchens with new granite finishes

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Storage Facility Catering Service Big Box & Wholesale Store Skin Care Clinic Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

46

Businesses Nearby

Explore this area Business Placement

Demographics for 30552, GA

1,717

Population

1,686

Households

1

Avg Household Size

53

Median Age

30%

College-Educated

94%

High-School Grad

55.7 sq mi

ZIP Area

31

Density / Sq Mi

$58,417

Median Household Income

$41,141

Median Earnings

$1,139

Median Rent

$282,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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240 Varnes Lane, Lakemont, GA 30552

$1,500,000

10.00 Acres

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Renovated Triplex

228 Varnes Lane, Lakemont, GA 30552

$499,000

0.37 Acres

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Renovated Storefront Ready for Business

7534 Hwy 441S, Lakemont, GA 30552

$299,000

960 SF

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Frequently Asked Questions

What type of property is this?

Duplex - Both units are occupied and feature updated kitchens, granite finishes, new flooring, and a new deck.

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: Duplex built in 1986 with both sides currently tenant occupied; Renovations include new metal roofing, flooring, paint, and deck; Upgraded kitchens with new granite finishes