201 203 Remsdale Street

NEW LISTING - 201-203 Remsdale Street, Toccoa Income-Producing Opportunity! This versatile property offers multiple income streams and excellent investment potential. The larger apartment has been recently refreshed and is currently vacant-ready for the new owner to place a tenant. Estimated rental income is approximately $1,350 per month. Laundry hook up in the closet. The studio apartment is currently occupied and rents for $790 per month including utilities. Total utility costs typically run $200-$300 per month for entire building. Seller currently paying $900/annually for insurance. The property also features a 24 x 30 two-car garage/workshop complete with: * Full bathroom * Two roll-up doors * Pedestrian entry door Two water meters at the garage, one is active for the bathroom. Other one is in place in case he decided to build out two studio apartments. The seller had planned to convert this space into an additional apartment or multiple studio units, offering even more income potential. Recent updates include conversion from central heat to A/C window units and gas wall heaters, providing efficient and cost-conscious climate control. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers both current income and future possibilities. Studio apartment (black door - see photos) is occupied and can be viewed during due diligence.