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389 Collins Rd, Toccoa, GA, 30577

4beds
3baths
--sqft
$329,000
--price/sqft
$2,294/moest. monthly cost
$91,760/yrincome needed

About This Home

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 of 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.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

4/10
Toccoa Elementary SchoolGrades 2-40.9 mi
4/10
5/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1963

Materials

  • Construction materials: Aluminum Siding,Concrete,Press Board,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Triplex

Interior

Appliances

  • Laundry features: Common Area

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Heating & Cooling

  • Heating features: Electric,Zoned
  • Cooling features: Ceiling Fan(s),Central Air,Zoned

Property

Details

  • Parcel number: T28 168

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1.80 Acres

Parking

  • Total spaces: 6
  • Parking features: Attached,Carport,Over 1 Space per Unit,Parking Pad,Parking Shed
  • Has uncovered spaces: Yes
  • Carport: Yes