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Lakemont Triplex: Renovated Investment Opportunity

228 Varnes Lane Lakemont, GA 30552

Claim this Listing
For Sale
$499,000

Renovated Lakemont triplex near Lake Rabun, ideal for investors.

Type:Multi Family
Lot size:
0.37 Acres
Added:
Sep 21, 2024
Days on Market:
658
Last Refresh:
May 19 at 9:01 pm

Property Features for 228 Varnes Lane

General Information

Standard status
Active
Lot size
0.37 Acres
Property subtype
Multi Family

Building Details

Year Built
1962

Listing office Virtual Properties Realty.com

Listing date Sep 21, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Virtual Properties Realty.com


Investment Insights

Based on property information with market context.

This renovated and upgraded triplex in Lakemont, Georgia, presents a significant investment opportunity. Located just off Highway 441 and minutes from Lake Rabun, the property features new flooring, a new deck, upgraded kitchens, new paint, and granite countertops. The property consists of three rented units, offering immediate income potential. Zoned R3, the property has room for further development. The location is convenient to local amenities and provides easy access to transportation routes.

Key Highlights

  • Three rented units providing immediate rental income.
  • Excellent investment opportunity in Lakemont.
  • Potential for further development due to R3 zoning and available space.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Building Supply Storage Facility Catering Service Skin Care Clinic Big Box & Wholesale Store Real Estate Agency Acupuncture Restaurant Spa & Massage Center Wine and Liquor Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Renovated Lakemont triplex near Lake Rabun, ideal for investors.
Where is this triplex located?
The property is located at 228 Varnes Lane Lakemont, GA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three rented units providing immediate rental income.; Excellent investment opportunity in Lakemont.; Potential for further development due to R3 zoning and available space.
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