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270 Madola RD Blue Ridge, GA 30513
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Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type Multi Family,Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10452341
Sold Date 03/14/25
HOA Y/N No
Year Built 1992
Annual Tax Amount $300
Tax Year 2024
Lot Size 1.720 Acres
Acres 1.72
Lot Dimensions 1.72
Property Sub-Type Multi Family,Triplex
Source Georgia MLS 2
Property Description
Discover an exceptional investment opportunity in the heart of Blue Ridge, GA! This 3-unit property features three well-maintained mobile homes, perfectly situated on 1.72 acres in the picturesque North Georgia mountains. This property offers significant upside potential with rents currently under market rate. Investors can capitalize on this opportunity by adjusting rents to reflect the growing demand for affordable workforce housing in Blue Ridge. Set in a thriving area surrounded by the natural beauty of the North Georgia mountains, this property appeals to a dependable and growing tenant base, providing stability and long-term investment potential. Don't miss out on this rare opportunity to secure a high-performing, low-maintenance investment in a rapidly growing market. Contact us today for more details and to schedule a tour.
Location
State GA
County Fannin
Rooms
Basement Crawl Space
Interior
Heating Central, Electric, Other
Cooling Central Air, Window Unit(s)
Fireplace No
Laundry None
Exterior
Parking Features Parking Pad
Garage Spaces 8.0
Community Features Street Lights, Walk To Schools
Utilities Available Electricity Individual Meters, Other, Water Individual Meters
View Y/N No
Total Parking Spaces 8
Garage No
Private Pool No
Building
Faces From McDonalds on Hwy 76 in Blue Ridge, go north on Hwy 5/Blue Ridge Drive for 7 miles, turn left onto Old Hwy 5/Old State Hwy 5, then a quick right on Madola Rd. Go 0.3 miles to property.
Sewer Septic Tank
Water Public
Structure Type Other,Steel Siding
New Construction No
Schools
Elementary Schools Blue Ridge
Middle Schools Fannin County
High Schools Fannin County
Others
HOA Fee Include None
Tax ID 0059 B 069
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Resale
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