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.
Active
Price cut: $10.1K (8/6)
$239,900
201-203 Remsdale St, Toccoa, GA 30577
2beds
3baths
--sqft
Multi Family, Duplex
Built in 1981
-- sqft lot
$228,400 Zestimate®
$--/sqft
$-- HOA
What's special
Two residential unitsStudio apartment currently occupiedPedestrian entranceConvenient laundry hookup
- 194 days
- 210
- 17
Zillow last checked:
Listing updated:
Listed by:
Joni Scott 706-491-0325,
Hammock Realty North Georgia
Source: GAMLS,MLS#: 10703681
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- Other
Cooling
- Window Unit(s)
Appliances
- Laundry: In Unit
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Total spaces: 5
- Parking features: Kitchen Level
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.25 Acres
Details
- Parcel number: T10 117
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Wood Siding
- Foundation: Slab
Condition
- Resale
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Features: None
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Toccoa
Financial & listing details
- Annual tax amount: $1,350
- Date on market: 3/5/2026
- Cumulative days on market: 194 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
$228,400
$217,000 - $240,000
$1,500/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $239,900-4% |
Source: | ||
| 4/15/2026 | Price change | $250,000-6.4% |
Source: | ||
| 3/5/2026 | Listed for sale | $267,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 30577
Nearby schools
Schools provided by the listing agent
- Elementary: Toccoa
- Middle: Stephens
- High: Stephens
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






