bedrooms
5
bathrooms
2
square feet
1,660
Acreage
1.01
Open Houses
-
year built
2002
Full Baths
2
Half Baths
0
Looking for a turnkey, high-yield investment? This 5-bedroom, 2-bathroom PadSplit in Toccoa is already generating over $28,000 per year in gross income and there's room to grow! Convert the living room into a 6th bedroom to increase revenue even further. Unlike traditional rental properties, PadSplit offers steady, diversified income from multiple tenants, reducing vacancy risk. Google "PadSplit" to learn more about the platform. The current owner has had zero issues with code enforcement or nearby residents. Seller is currently paying off the remaining $71,000 on his mortgage at 4.25%, and is ready to sell subject-to if the buyer makes up the difference at closing. Toccoa itself is a hidden gem, offering a peaceful, small-town feel with plenty to explore. Just a short drive from Toccoa Falls, one of Georgia's most stunning waterfalls, and near Lake Hartwell, an outdoor lover's paradise, this area attracts residents who appreciate affordability without sacrificing quality of life. Downtown Toccoa features charming local shops, restaurants, and a welcoming community atmosphere.
Location | |
Subdivision | Terry Standridge |
County | Stephens - GA |
Elementary School | Liberty - Stephens |
Middle School | Stephens County |
High School | Stephens County |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 7543062
Listing agent:
Josh Stanton
Listing broker:
Keller Williams Realty Metro Atlanta
(404) 564-5560
Copyright © 2025 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Thursday, April 3 2025 at 7:14 p.m. EDT
Kotohomes National
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