Dahlonega, GA 30533,2300 Hwy 52 W
Dahlonega, GA 30533,2300 Hwy 52 W
Dahlonega, GA 30533,2300 Hwy 52 W
44
$542,500
$675,000
19.6%
Est.Price: ?

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4.18 Acres Lot

2300 Hwy 52 W Dahlonega, GA 30533

Est. payment /mo
SOLD DATE : 03/31/2023

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Key Details

Sold Price $542,500

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20077657

Sold Date 03/31/23

HOA Y/N No

Year Built 2006

Annual Tax Amount $3,309

Tax Year 2022

Lot Size 4.180 Acres

Acres 4.18

Lot Dimensions 4.18

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Multi family properties on 4.12 acres, all leased. (1 of 2 parcels for sale, other parcel has 7 vacation rental suites on 5.8 acres for $825k) Enjoy the North Georgia Mountains with a profitable income producing property! Home and cabin currently have 3 leases (all have been in anywhere from 2.5-4 years) and the 4 units of restored apartments used for short-term vacation rental that can easily be converted to long-term studios. All furnishings of these 4 are included! Home, built in 2004, has been well maintained and currently has a tenant upstairs and a tenant downstairs. There are 2 cabins, built in 1960's, one used as a storage and the other has a long-term tenant. The 4 suite 1960's motel was completely restored in 2018 and is currently used as 4 vacation rentals. They each have a full kitchen and bath and could also be a great option to rent long term. Cabins are old and this would be a great place to build 3 tiny homes on the current 3 cabin foundations. County planning has approved to have grandfathered in the old setbacks. There is even more opportunity to increase income with updated cabins. Prime location, centered between Historic Dahlonega and Amicalola State Park, 8 miles from North Georgia University. Dahlonega is a popular 'Hallmark town' attracting visitors for the gold rush history, the wineries, outdoor trails. Seller also selling property across the street that is a fully restored 7 suite motel active and profitable on vacation rental. Must have a lender's pre approval or proof of cash at time of contract. Listing agent is part owner of the property.

Location

State GA

County Lumpkin

Rooms

Basement Bath Finished, Interior Entry, Exterior Entry, Finished, Full

Interior

Heating Electric, Central, Heat Pump

Cooling Electric, Ceiling Fan(s), Central Air, Heat Pump

Fireplace No

Exterior

Parking Features Guest, Off Street, Over 1 Space per Unit, Parking Pad

Garage Spaces 13.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 13

Garage No

Private Pool No

Building

Faces 400 N, L on Burnt Stand Rd, R on Auraria, L on Ben Higgins, L on GA 52 W, stay on 52 W, property is 2.3 miles on the right.

Foundation Block, Slab

Sewer Septic Tank

Water Well

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Blackburn

Middle Schools Lumpkin County

High Schools New Lumpkin County

Others

HOA Fee Include None

Tax ID 032 074

Acceptable Financing 1031 Exchange, Cash, Owner 2nd, Other

Listing Terms 1031 Exchange, Cash, Owner 2nd, Other

Special Listing Condition Updated/Remodeled

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Georgia MLS - GAMLS

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Michael Lindell

Michael Lindell

Agent | License ID: 395224

+1(404) 664-8098

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