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389 Collins Road

Toccoa GA 30577

6
1.8 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

6 carspaces
1.8 ac. lot size
Single-Family

Property history for 389 Collins Road

2023
Rented
Undisclosed
21 Sep 2023 by Virtual Properties Realty.com
2022
Sold
$153,000
06 Jan 2022 by Alan Baker, of Headwaters Realty
2019
Sold
$78,000
19 Nov 2019 by Stephen Caudell, of Hammock Realty North Georgia

Happy sellers in Toccoa

94%
94% of sellers in Toccoa reported that their sale price either exceeded or met their price expectations.

Toccoa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Toccoa over the last 12 months.

Local market activity for single-family properties in Toccoa

In the last 12 months, 272 single-family properties similar to 389 Collins Road, have been sold.

This represents a 10% increase in single-family properties sales when compared to the previous 12 months.

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