THIS PROPERTY IS ZONED MULTI-FAMILY AND CONTAINS 7 BUILDINGS WITH 10 UNITS. THE 7 BUILDINGS CONSIST OF 1 TRIPLEX, 1 DUPLEX, 2 SINGLE WIDE MOBILE HOMES, 2 STUDIO COTTAGES-ONE COTTAGE HAS A LOFT & ALSO A 2/1 CABIN. ALL THE UNITS ARE PRESENTLY LEASED. LISTED ABOVE ARE ONLY 4 BUILDINGS. A COMMUNITY WELL IS USED FOR ALL UNITS. PROPERTY CONSIST OF 4 ACRES AND ADDITIONAL 6 ACRES WITH PLENTY OF ROOM TO EXPAND. TRACT 6 HAS A NOISY BRANCH WITH LOTS OF MOUNTAIN LAUREL, AND A GREAT PRIVATE GET AWAY SPOT TO HIKE, ENJOY, RELAX AND ENJOY THE CLEAN MOUNTAIN AIR. SASSAFRASS KNOLL IS CONVENIENTLY LOCATED OFF OF HWY 441 IN BEAUTIFUL LAKEMONT APPROXIMATELY 5 MILES TO CLAYTON GEORGIA. TRIPLEX AND DUPLEX OFFERED AS SINGLE LISTINGS FOR SALE. 228 (FMLS#7459292)AND 230 (FMLS#7459293) VARNES CALL FOR ADDITIONAL INFORMATION. CURRENT INCOME FROM ALL THESE UNITS ARE $10500. THIS PROPERTY WILL PAY FOR ITSELF! THE PROPERTY IS CURRENTLY ZONED R3 AND THERE ARE ADDITIONAL 6 ACRES AVAILABLE FOR PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL UNITS ARE TENANT OCCUPIED. OWNER PREFERS SHOWINGS TO OCCUR WITH AN ACCEPTABLE OFFER.
TOTALLY RENOVATED AND UPGRADED DUPLEX - NEW METAL ROOFING, NEW FLOORING, NEW DECK, NEW UPGRADED KITCHENS, NEW PAINT IN, NEW GRANITE AND MUCH MORE, GREAT OPPORTUNITY FOR OWNER OCCUPIED OR INVESTOR. FANTASTIC INVESTMENT OPPORTUNITY IN BEAUTIFUL LAKEMONT! CONVENIENTLY LOCATED JUST OFF OF HIGHWAY 441 AND JUST MINUTES FROM LAKE RABUN. THIS PROPERTY WILL PAY FOR ITSELF!. THE PROPERTY IS CURRENTLY ZONED R3 AND THERE IS PLENTY OF ROOM FOR MORE DEVELOPMENT. *** DUPLEX A PAYS $1200 PER MONTH, DUPLEX B PAYS $1200 PER MONTH, TOTAL RENT $2400 MONTH, MARKET RATE IS $1600 AND POTENTIAL TO INCREASE THE RENT. *** BOTH SIDES ARE CURRENTLY TENANT OCCUPIED. OWNER PREFERS SHOWINGS TO OCCUR WITH AN ACCEPTABLE OFFER.
TOTALLY RENOVATED AND UPGRADED - NEW FLOORING, NEW DECK, NEW UPGRADED KITCHENS, NEW PAINT IN, NEW GRANITE AND MUCH MORE, GREAT OPPORTUNITY FOR OWNER OCCUPIED OR INVESTOR. FANTASTIC INVESTMENT OPPORTUNITY IN BEAUTIFUL LAKEMONT! CONVENIENTLY LOCATED JUST OFF OF HIGHWAY 441 AND JUST MINUTES FROM LAKE RABUN AND CONSISTS OF 3 RENTED UNITS. THIS PROPERTY WILL PAY FOR ITSELF! . THE PROPERTY IS CURRENTLY ZONED R3 AND THERE IS PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL SHOWINGS MUST BE DURING DUE DILIGENCE.
The median home value in Lakemont, GA is $447,750. This is higher than the county median home value of $370,900. The national median home value is $338,100. The average price of homes sold in Lakemont, GA is $447,750. Approximately 32.72% of Lakemont homes are owned, compared to 3.62% rented, while 63.66% are vacant. Lakemont real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lakemont real estate agent to arrange a tour today!
Lakemont, Georgia has a population of 1,761. Lakemont is more family-centric than the surrounding county with 22.98% of the households containing married families with children. The county average for households married with children is 19.31%.
The median household income in Lakemont, Georgia is $49,019. The median household income for the surrounding county is $48,652 compared to the national median of $69,021. The median age of people living in Lakemont is 44.8 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 26.9 degrees. The average rainfall is approximately 65.9 inches per year, with 1.9 inches of snow per year.