Active

610 Madola Road

Epworth GA, 30541

$1,100,000


$122.22 per sqft

Active

15 Beds

10 Baths

9,000 sqft

Residential

Built in 1938

Welcome to Epworth General Store Lofts, a premium residential community located in the vibrant heart of Epworth. This beautifully renovated apartment complex features a total of 15 bedrooms and 10 full bathrooms & offers a perfect blend of modern amenities, classic charm, and a piece of history ideal for investors seeking to expand or create their portfolio with this unique property with strong rental potential and historical significance. Originally built in 1938 as the Epworth General Store, this historic landmark was completely renovated in 2023 and converted into five spacious luxury residential lofts, blending modern & industrial design with a trendy aesthetic and high-end finished throughout. Old meets new as the owner chose to preserve many key elements such as the original pine staircases, wainscoting, exposed brick walls and structural exposed beams. The recently renovated modern kitchens featuring granite countertops, stainless steel appliances, and sleek cabinetry. The spacious layouts provide ample natural light, high ceilings and handsome hardwood floors throughout. The tenants love the lifestyle that the apartment complex brings making it a profitable investment. All units have central heating and air, ample parking, new electrical wiring with new panels for each unit, new paved parking lot with ample parking spaces, new plumbing, new HVAC, new flooring and new windows plus many more updates and upgrades. The investment potential possibilities are endless with consistently high occupancy rate due to desirable location and amenities, strong rental demand with competitive rental rates & low maintenance costs due to recent renovations and modern construction- well-suited for VRBO or Airbnb, both short-term and longer rentals. The location is ideal and centrally located within five minutes from downtown McCaysville and ten minutes from Blue Ridge both offering restaurants and cafes galore. There's so much to do close by from visiting the nearby lakes, hiking trails, viewing waterfalls, local winerys and vineyards, visiting museums, parks and theaters. The apartment complex is located near hospitals, medical centers and top rated schools ensuring a heightened need for housing. Don't miss the opportunity to become part of the Epworth community and own a piece of history. This complex will be an investment that you are happy to own. The property is on septic with sewage pump to the city of McCaysville- all units are individually metered and watered.

7409202

MLS ID

June 23, 2024

Listed

August 23, 2024

Updated

Map

610 Madola Road
Epworth GA, 30541

Interior Features

Total Stories

3


Bedrooms

15


Total Bathrooms

10


Full Bathrooms

10


Interior Features

Crown Molding, Entrance Foyer, High Ceilings 10 ft Main


Appliances

Dishwasher, Electric Range


Laundry Description

Laundry Room, Main Level


Floor Description

Ceramic Tile, Sustainable


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.29 Acres


Exterior Features

Lighting, Other


Lot Features

Corner Lot, Level


Architectual Style

Other


Roof

Metal


Sewer

Septic Tank, Other

School Information

High School

Fannin - Other


Elementary School

Fannin - Other

Other Property Details

Taxes

$419


Tax Frequency

Annually


Days on Market

39


Garage

No


Parking

Assigned, Parking Lot


Parking Total

9


View

Yes


View Description

City


County

Fannin - GA


Water Source

Public


Pool

No


Pool Features

None

Green Building Features

Green Features

None

Listing History

Date

Event

Price

8/2/2024

Price change

$1,100,000

-27%

Listed by Mandy Parker with Keller Williams Realty Signature Partners 678-631-1700

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Data last updated 7:13 AM UTC, 8/23/2024

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