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35 Vienna

Helen, GA 30545
  • $19,500
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 10056520
Price Reduced
UPDATED: 47 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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Georgia MLS logo© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Cindy's Realty Group | EXP Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Cindy's Realty Group | EXP Realty. Data last updated: 2022-06-29T18:08:44.727.
www.cindysrealtygroup.com/homes/129572516
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35 Vienna Helen, GA 30545

  • Price: $19,500
  • Status: Active
  • On Site: 21 Days
  • Updated: 47 min ago
  • MLS #: 10056520
0
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
Igls
County:
White
Area:
WHITE
Elementary School:
Mt 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

Frontage Length Total Road Frontage Length: 80 Lot Features SlopedCul-De-Sac Lot Size Area 9975.24 Lot Size Source Public Records Lot Size Units Square Feet Road Frontage Type Private Road Road Surface Type Paved Total Number Of Slips 0 Vegetation Wooded View Mountain(S) View YN Yes

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Units Square Feet Living Area Units Square Feet

Property Features

Association Fee 405 Association YN Yes Community Features GatedGolfParkPlayground Current Use SubdivisionTimber District 3 Electric On Property YN Yes Es Bus Yn Yes Hs Bus Yn Yes Land Lot 25 Land Use Restrictions No Listing Terms CashConventionalLand Bank LoanOther Ms Bus Yn Yes Other Structures None Possible Use Residential Property Sub Type Residential Lot Sewer Public Sewer Special Listing Conditions Agent Owned Tax Annual Amount 102 Tax Year 2021 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailablePhone AvailableUnderground UtilitiesWater Available Water Body Name None Water Source Public Waterfront YN No

GAMLS logo Listing provided courtesy of Keller Williams Rlty.North Atl: 770-663-7291. © 2022 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Cindy's Realty Group | EXP Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Cindy's Realty Group | EXP Realty. Data last updated: 2022-06-29T18:08:44.727.
 
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Cindy's Realty Group | EXP Realty
1230 Peachtree St NE, Suite 1900
Atlanta GA, 30309