tomo logo

$220,000

Beds
5
Baths
2.0
sq ft
1,260

266 Old Oak Valley Rd, Toccoa, GA 30577

266 Old Oak Valley Rd

Toccoa, GA 30577

  • <1 day on market
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.

Details

Property type

Single Family Residence

Lot size

1.01 acres

Price per sq ft

$175

Year built

2002

Annual property taxes

$1,320

HOA

No

Price History

03/18/2025
FMLS

FMLS #7543062

Listed
$220,000

Schools & Community

Elementary school: 

Liberty - Stephens

Middle school: 

Stephens County

High school: 

Stephens County

Community features: 

None

Status: Active

Tomo last checked: 03/19/2025 at 12:50 AM

Listing updated: 03/18/2025 at 8:46 PM

Listed by: Josh Stanton, Keller Williams Realty Metro Atlanta Phone #: (404) 564-5560

MLS: FMLS #7543062

FMLS logo

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