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About This Home
This 0-bedroom, 0-bathroom residential multi family at 389 Collins Road in Toccoa, GA is listed for $329,000. Built in 1963, on a 1.80 acres lot.
Rare opportunity to own an active income-producing 3-unit converted home on a sprawling 1.8-acre lot in Toccoa. The property features a central 2-bedroom residence with a large kitchen, complemented by two separate studio-style ADUs (Accessory Dwelling Units) with remodeled bathrooms.
This layout is ideal for consistent rental cash flow or a multi-generational family seeking privacy. The infrastructure is built for efficiency and utility, featuring a high-capacity solar array installed just 3 years ago under a transferable 25-year warranty, alongside a common laundry area and expansive decks for tenant enjoyment.
Beyond the existing units, the property offers a dedicated exterior workshop with its own 220V power panel, perfect for storage, projects, or potential conversion into 1 or 2 more units. The expansive 1.8-acre lot provides a significant foundation for future growth; the topography allows for the construction of a private entry road along the side o
f the home, facilitating the development of additional rental units on the rear of the property without disturbing the existing tenants. The sale is fully transparent and ready for a smooth closing. It includes a survey, plat, and an Accuworth report detailing the roof's condition.
Key Features
- Built in 1963
- 1.80 acre lot
- 6 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,760/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
389 Collins Road
Toccoa, GA 30577
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 389 Collins Road is listed at $329,000. The estimated monthly payment is $1,426 based on 20% down at 6.5% interest.
Key features include: Built in 1963, 1.80 acre lot, 6 parking spaces.
This property is listed by Donna Smith and can be reached at 6788517170 or donnamsmithre@gmail.com.
