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