3585 Old Highway 100 S, Tallapoosa, GA 30176

Property Description

Discover a unique investment opportunity on this expansive 10-acre property, featuring four mobile homes with potential for rental income and personal residence. The property is zoned A-1, allowing for one home per five acres, and is grandfathered in to maintain all four mobile homes currently on site. If two of the four mobile homes are removed, it cannot be replaced. Two of the mobile homes are already generating income: 1. **Two Bedroom / Two Bath** - Currently rented for **$485/month**, this unit is being utilized as a one-bathroom, with the second bathroom converted into a closet space. 2. **Two Bedroom / One Bath** - Rented at **$368 /month**, offering a cozy living arrangement for its tenants. The other two mobile homes, both two-bedroom/one-bath units, are awaiting your personal touch. While they require renovations, they can be updated as long as no more than 50% of each unit is damaged. This property provides flexibility: live in one mobile home while renting out the others or utilize it exclusively as an investment property. Keep in mind that the property is being sold **As Is**, presenting a great chance for those looking to customize or revitalize it. The mobile homes do share a well for water. The well is a board well that is about 80 feet deep and was installed about five years ago. Enjoy the benefits of space, rental income, and potential growth in this well-situated property! Don't miss the opportunity to transform these homes into your dream living space or a profitable rental venture. The seller will need a binding contract in order to schedule a time for you to go in to see the two-tenant occupied mobile homes.