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201 203 Remsdale Street, 
Toccoa, GA 30577

$239,900


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Joni Scott

Hammock Realty North Georgia

Last updated:

August 26, 2026, 11:04 AM

MLS#

10703681

Source:

METROMLS

About This Home

201 203 Remsdale Street

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.

Home Facts

Multi-Family

Built in 1981

Subdivision & Development:

None

Price Summary

239,900

MLS #:

10703681

Last Updated:

August 26, 2026, 11:04 AM


Structure

Structure

Year Built:

1981


Lot

Lot Size (Sq. Ft):

10,890


Finances & Disclosures

Finances

Price:

$239,900

MLS Logo
2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed August 26, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.