T.J. Edmond

Real Estate Advisor | License ID: 361691

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$ 199,000

Est. payment -/mo

Sold on 06/16/2025

266 Old Oak Valley RD Toccoa, GA 30577

5 Beds

2 Baths

1,660 SqFt

UPDATED:

Key Details

Sold Price $199,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,660 sqft

Price per Sqft $119

Subdivision Terry Standridge

MLS Listing ID 10481012

Style Ranch

Bedrooms 5

Full Baths 2

Year Built 2002

Annual Tax Amount $1,320

Tax Year 2024

Lot Size 1.010 Acres

Property Sub-Type Single Family Residence

Property Description

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 it brought in over $3,400 just in March. There's room to grow, too: convert the living room into a 6th bedroom to boost revenue even further. Unlike traditional rentals, PadSplit offers steady, diversified income from multiple tenants, reducing vacancy risk. The seller is open to a subject-to sale-the remaining $71,000 mortgage at 4.25% can stay in place if the buyer makes up the difference at closing. Toccoa is a hidden gem with small-town charm, close to natural highlights like Toccoa Falls and Lake Hartwell, and a walkable downtown full of local shops, restaurants, and friendly community vibes.

Location

State GA

County Stephens

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Wood, Vinyl

Fireplaces Number 1

Fireplaces Type Living Room

Laundry Common Area

Exterior

Parking Features Off Street

Garage Spaces 2.0

Community Features None

Utilities Available Electricity Available, Water Available

View Y/N No

Roof Type Other

Building

Lot Description Other

Foundation Block

Sewer Septic Tank

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Liberty

Middle Schools Stephens County

High Schools Stephens County

Others

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Special Listing Condition Resale

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T.J. Edmond

Real Estate Advisor | License ID: 361691

+1(404) 502-5473

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266 Old Oak Valley RD Toccoa, GA 30577

Key Details

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Interior

Exterior

Building

Schools

Others

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