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35 Vienna

Helen, GA 30545
  • $19,500
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 7061402
Price Reduced
UPDATED: 72 min ago
$19,500
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Location! Location! Location! Welcome to Innsbruck Golf Resort, probably the closest (less than 2 mi) and most popular major resort nearby City of Helen, the 3rd largest tourist destination in Georgia! One of the best places for short-term and vacation rentals with almost 70% occupancy (almost 270 days a year!) with average rent of $100 for 2B, 1B and $150 for 3-4B, 2B per night! Houses with 4-6B, 3B go for rentals as high as $600 per night during peak seasons! Not just rentals, existing houses 4B, 2B with 2000+ sf go for $400K+ and new construction go as high as $600K or more for houses of similar size and rooms! Buy land dirt cheap, build a 4B, 2B+ house with 2000+ sf at $250K-$280K with short-term loan, rent out and get NOI of $40K for a house, i.e. almost 14% cap rate! Then, refinance it within a year or so and repeat - BRRRR! Or, you can just sell for $550-$600K and just take home $200K+ profits! Helen is definitely on the topmost and closest tourist destination from Metro Atlanta, about 1.5 hours drive from Atlanta. Note: Listing agent has ownership interest in the property.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-07-04T10:04:21.083. For issues regarding this website, please contact BoomTown.
www.northatlantahometeam.com/homes/129569971
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35 Vienna Helen, GA 30545

  • Price: $19,500
  • Status: Active
  • On Site: 27 Days
  • Updated: 72 min ago
  • MLS #: 7061402
0
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
Igls
County:
White
Area:
White
Elementary School:
Mount Yonah
Middle School:
White County
High School:
White County
Property Description
Location! Location! Location! Welcome to Innsbruck Golf Resort, probably the closest (less than 2 mi) and most popular major resort nearby City of Helen, the 3rd largest tourist destination in Georgia! One of the best places for short-term and vacation rentals with almost 70% occupancy (almost 270 days a year!) with average rent of $100 for 2B, 1B and $150 for 3-4B, 2B per night! Houses with 4-6B, 3B go for rentals as high as $600 per night during peak seasons! Not just rentals, existing houses 4B, 2B with 2000+ sf go for $400K+ and new construction go as high as $600K or more for houses of similar size and rooms! Buy land dirt cheap, build a 4B, 2B+ house with 2000+ sf at $250K-$280K with short-term loan, rent out and get NOI of $40K for a house, i.e. almost 14% cap rate! Then, refinance it within a year or so and repeat - BRRRR! Or, you can just sell for $550-$600K and just take home $200K+ profits! Helen is definitely on the topmost and closest tourist destination from Metro Atlanta, about 1.5 hours drive from Atlanta. Note: Listing agent has ownership interest in the property.
Exterior Features

Fencing None Horse Amenities None Land Lot 25 Lot Features Cul-De-Sac Other Structures None Road Surface Asphalt Road Type Private Road Vegetation Wooded View Mountain(S)Trees/Woods Waterfront Features None

Property Features

Association Fee 405 Association Fee Frequency Quarterly Association YN Yes Community Features Country ClubGatedGolfHomeowners AssocNear Trails/GreenwayParkPlayground Current Classification Undeveloped/Zoned Residential Current Use TimberVacant Current Zoning Pud House On Property No Lake Name None Lot Size Dimensions 80X140x80x116 Occupant Type Vacant Other Equipment None Owner Financing No Possible Use ResidentialResort Property Attached YN No Restrictions Requirements Pud Sale Options None School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features None Special Circumstances Owner/Agent Special Listing Conditions None Tax Year 2021 Taxes 102 Timber Hardwoods Type Unimproved Land Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableUnderground UtilitiesWater Available Waterfront Footage 0

Listing provided courtesy of Keller Williams North Atlanta.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-07-04T10:04:21.083. For issues regarding this website, please contact BoomTown.
 
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