$340,000
$350,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
3,434 SqFt
SOLD DATE : 01/29/2025
Key Details
Sold Price $340,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,434 sqft
Price per Sqft $99
MLS Listing ID 10385102
Style Brick 4 Side,Ranch
Bedrooms 5
Full Baths 4
Year Built 1965
Annual Tax Amount $2,699
Tax Year 2023
Lot Size 2.500 Acres
Property Sub-Type Single Family Residence
Property Description
**Investor Alert: Exceptional Buy-and-Hold Opportunity in Dahlonega!** Located just minutes from the college in Dahlonega, this spacious 5-bedroom, 4-bathroom brick ranch on a full basement offers a fantastic opportunity for investors seeking a duplex-style rental property. With its dual living spaces, each featuring a private entrance, separate driveway, kitchen, and laundry hookups, this home is a turnkey solution for rental income. - **Top Level:** 2 bedrooms, 2 bathrooms - **Bottom Level:** 3 bedrooms, 2 bathrooms Each level is fully self-contained, providing total independence between the units, making it an ideal setup for long-term tenants. The home's proximity to the college adds significant appeal, creating a consistent rental demand from students and faculty looking for nearby housing. Additional features of the property include a **large 2-bay shop** and a **brand new roof** on the home, offering peace of mind for years to come. The 2.5-acre lot provides plenty of space for outdoor activities, potential expansion, or additional rental units. Priced to sell quickly "as-is," this property is listed at a value within the **1% rule**, ensuring a strong return on investment. With its prime location, attractive layout, and excellent income potential, this opportunity won't last long. Don't miss out on this incredible investment! Contact the listing agent today for more details or to schedule a showing.
Location
State GA
County Lumpkin
Rooms
Other Rooms Outbuilding, Workshop
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Hardwood, Tile, Vinyl
Fireplaces Number 1
Fireplaces Type Factory Built, Family Room, Living Room
Laundry In Basement, In Hall
Exterior
Parking Features Carport, Kitchen Level
Garage Spaces 6.0
Fence Back Yard, Front Yard
Community Features None
Utilities Available Cable Available, Electricity Available, Phone Available, Water Available
View Y/N No
Roof Type Composition
Building
Lot Description Level
Foundation Slab
Sewer Septic Tank
Water Well
Structure Type Brick,Concrete
New Construction No
Schools
Elementary Schools Lumpkin County
Middle Schools Lumpkin County
High Schools New Lumpkin County
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Resale
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1355 Terrell Mill Rd., Bldg # 1464, Marietta, GA, 30067