201 203 Remsdale Street, Toccoa, GA 30577
Local realty services provided by:ERA Towne Square Realty, Inc.
201 203 Remsdale Street,Toccoa, GA 30577
$239,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: joni scott
Office: hammock realty north georgia
MLS#:10703681
Source:METROMLS
Price summary
- Price:$239,900
About this home
INVESTOR ALERT: MULTIPLE INCOME STREAMS IN ONE PROPERTY! Looking for a property that can generate income from day one while offering future upside? This unique Toccoa investment opportunity checks all the boxes. The property currently features two residential units plus a detached 24' x 30' garage/workshop, creating multiple opportunities for cash flow and future value-add improvements. Large Apartment Recently refreshed and move-in ready, this unit is currently vacant and available for a new tenant or owner-occupant. Estimated rental income is approximately $1,350/month (including utilities) and includes a convenient laundry hookup. Studio Apartment Currently occupied and producing $900/month in rental income, Utilities included. Detached Garage/Workshop The 24' x 30' building features two roll-up doors, a pedestrian entrance, and a full bathroom. Rent it as a workshop or storage space for an estimated $600/month, or explore the potential to convert the building into additional living space. With two separate water meters already in place, the groundwork is there for future expansion. Potential rental income from a conversion could exceed $2,000/month. Income Potential * Large Apartment: Approx. $1,350/month * Studio Apartment: $900/month (currently occupied) * Garage/Workshop: Approx. $600/month * Potential Gross Income: Approximately $2,850/month * Potential for even greater returns with future improvements Additional Highlights: Low operating costs Utilities average approximately $200-$300/month Insurance approximately $900/year Flexible owner-occupant or investor opportunity Multiple value-add strategies available Whether you're looking to build your portfolio, house hack, or create additional income streams, this property offers flexibility, cash flow, and future upside in one package....
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Home facts
- Year built:1981
- Subdivision & Development:None
- Listing ID #:10703681
- Updated:August 13, 2026 at 11:08 AM
Heating and cooling
- Cooling:Window Unit(s)
Structure and exterior
- Year built:1981
- Lot area:0.25 Acres
- Construction Materials:Wood Siding
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Stephens
- Middle school:Stephens
- Elementary school:Toccoa
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$239,900
- Tax amount:$1,350 (24)
Features and amenities
- Laundry features:In Unit
Parking
- Total parking spaces:5
- Parking description:Kitchen Level
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