Looking for a turnkey, high-yield investment? This 5-bedroom, 2-bathroom PadSplit in Toccoa is already generating over $28,000 per year in gross income-and it brought in over $3,400 just in March. There's room to grow, too: convert the living room into a 6th bedroom to boost revenue even further. Unlike traditional rentals, PadSplit offers steady, diversified income from multiple tenants, reducing vacancy risk. The seller is open to a subject-to sale-the remaining $71,000 mortgage at 4.25% can stay in place if the buyer makes up the difference at closing. Toccoa is a hidden gem with small-town charm, close to natural highlights like Toccoa Falls and Lake Hartwell, and a walkable downtown full of local shops, restaurants, and friendly community vibes.
Closed
$199,000
266 Old Oak Valley Rd, Toccoa, GA 30577
5beds
1,660sqft
Single Family Residence
Built in 2002
1.01 Acres Lot
$199,700 Zestimate®
$120/sqft
$1,840 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 01:08pm
Listed by:
Josh Stanton 404-590-7137,
Keller Williams Realty,
Brandon Beamer 470-613-2334,
Keller Williams Realty
Bought with:
Pauline Bowman, 350440
eXp Realty
Source: GAMLS,MLS#: 10481012

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 5
Kitchen
- Features: Breakfast Area
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Microwave, Refrigerator
- Laundry: Common Area
Features
- Double Vanity, Master On Main Level, Separate Shower, Vaulted Ceiling(s)
- Flooring: Wood, Vinyl
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,660
- Total interior livable area: 1,660 sqft
- Finished area above ground: 1,660
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Body of water: None
Lot
- Size: 1.01 Acres
- Features: Other
Details
- Parcel number: 057 033
- Special conditions: Investor Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & neighborhood
Community
- Community features: None
Location
- Region: Toccoa
- Subdivision: Terry Standridge
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Owner Will Carry