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240 Varnes Lane Lakemont, GA $ 1,600,000
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$ 1,600,000 Get more info
240 Varnes Lane
$ 1,600,000
Back to search
Share Save

240 Varnes Lane

Lakemont, GA, 30552
$ 1,600,000
Bedrooms30 Baths15.0

Monthly Estimate*

$ 9,982

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Multi-Family Home for sale in Lakemont, GA

for $1,600,000 with 30 bedrooms and 15 full baths. This home was built in 1986 on a lot size of 10.

THIS PROPERTY IS ZONED MULTI-FAMILY AND CONTAINS 7 BUILDINGS WITH 10 UNITS. THE 7 BUILDINGS CONSIST OF 1 TRIPLEX, 1 DUPLEX, 2 SINGLE WIDE MOBILE HOMES, 2 STUDIO COTTAGES-ONE COTTAGE HAS A LOFT & ALSO A 2/1 CABIN. ALL THE UNITS ARE PRESENTLY LEASED. LISTED ABOVE ARE ONLY 4 BUILDINGS. A COMMUNITY WELL IS USED FOR ALL UNITS. PROPERTY CONSIST OF 4 ACRES AND ADDITIONAL 6 ACRES WITH PLENTY OF ROOM TO EXPAND. TRACT 6 HAS A NOISY BRANCH WITH LOTS OF MOUNTAIN LAUREL, AND A GREAT PRIVATE GET AWAY SPOT TO HIKE, ENJOY, RELAX AND ENJOY THE CLEAN MOUNTAIN AIR. SASSAFRASS KNOLL IS CONVENIENTLY LOCATED OFF OF HWY 441 IN BEAUTIFUL LAKEMONT APPROXIMATELY 5 MILES TO CLAYTON GEORGIA. TRIPLEX AND DUPLEX OFFERED AS SINGLE LISTINGS FOR SALE. 228 (FMLS#7459292)AND 230 (FMLS#7459293) VARNES CALL FOR ADDITIONAL INFORMATION. CURRENT INCOME FROM ALL THESE UNITS ARE $10500. THIS PROPERTY WILL PAY FOR ITSELF! THE PROPERTY IS CURRENTLY ZONED R3 AND THERE ARE ADDITIONAL 6 ACRES AVAILABLE FOR PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL UNITS ARE TENANT OCCUPIED. OWNER PREFERS SHOWINGS TO OCCUR WITH AN ACCEPTABLE OFFER.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

30

Full Bath

15

Property Type

Multi-Family

Taxes

$ 1,449

Style

Lot Size

10

Year Built

1986

Town/City

Lakemont

County/Region

Rabun

MLS | Web ID

7464136
Features
General
Sewer Septic Tank
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Available Natural Gas Available
Possession Close Of Escrow
Roof Metal
Security Features Carbon Monoxide Detector(s)
Construction Materials HardiPlank Type
Year Built 1986
View City
Levels Two
Property Subtype Other
Tax Year 2023
Waterfront Features N
Community Features None
Accessibility None
County Rabun - GA
Property Type Residential Income
HOA No
Energy Efficient Appliances
Subdivision Name NA
Green Energy Generation None
Status Active
Directions PLEASE USE GPS
High School Rabun County
City Lakemont
Body of Water None
Number Of Units Total 10
Green Building Verification Type ENERGY STAR Certified Homes
Elementary School Rabun County
Property Attached Y/N No
Tax Annual Amount 1449
Home Warranty Y/N No
Middle/Junior High School Rabun County
Property Condition Resale
Standard Status Active
Occupancy Type Tenant
Legal Description TRACTS 1 & 2
Corporate Owner Investor Owned Sold As/Is
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Interior
Flooring Carpet
Furnished Y/N Unfurnished
Window Features Double Pane Windows
Total Baths 0
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Exterior
Fencing Back Yard
Parking Features Level Driveway
Lot Features Private
Water Source Public
Lot Dimensions x
Lot Size Acres 10
Private Pool No
Lot Size Source Owner
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Internal Only
Street Number 1 240
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* Excluded Features
List By
Syed Firoz

Listing Agent

Virtual Properties Realty.Com

Broker

sfirozrealestate@gmail.com

Email

Affordability Calculator

$10,103
Per Month
99%
1%
0%
Monthly Principal & Interest
$9,982
Monthly Property Taxes
$121
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1927089 Elementary School
1927299 Middle School
Rabun County High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2024$1,600,000 Listed Price

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240 Varnes Lane, Lakemont, GA, 30552 is a Multi-Family Home for sale at $1,600,000 with a lot size of 10. 240 Varnes Lane has 30 bedrooms, 15.0 baths, and was built in 1986. The property's zip code is 30552 which is in Lakemont, GA

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