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photo 1
bedrooms
bedrooms
5
bathrooms
bathrooms
2
square feet
square feet
1,660
acreage
Acreage
1.01
open houses
Open Houses
-
year built
year built
2002
full baths
Full Baths
2
half baths
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
open houses Open houses
None scheduled.
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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.   [source]
Last update: Thursday, April 3 2025 at 7:14 p.m. EDT
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