120 Bear Ridge Road

Dahlonega, GA 30533

$1,200,000
Price
23
Beds
16
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Unique Opportunity in Dahlonega consisting of one Quadplex and 6 Single wide trailers and one double wide trailer. Property sits on a mountain ridge near downtown Dahlonega, within minutes of Lumpkin County High School and close to wineries. Property can be developed into SFH, Student Housing or whatever you dare to dream. 11 total units one vacant all others rented. Appointment only, proof of funding required prior to touring properties. Strong Cap Rate of 11% with room for improvement. Mountain...Unique Opportunity in Dahlonega consisting of one Quadplex and 6 Single wide trailers and one double wide trailer. Property sits on a mountain ridge near downtown Dahlonega, within minutes of Lumpkin County High School and close to wineries. Property can be developed into SFH, Student Housing or whatever you dare to dream. 11 total units one vacant all others rented. Appointment only, proof of funding required prior to touring properties. Strong Cap Rate of 11% with room for improvement. Mountain Views and almost 12 Acres in total.
  1. Listed by Kevin Dierkes • SMG Realty

Property Details for 120 Bear Ridge Road

Subdivision Complex
None
Parking Features
Driveway
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 10/22/2024 10:21 PM

Property Details for 120 Bear Ridge Road

StatusActive
MLS #7472003
Days on Market40
Taxes$6,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built1989
Lot Size12.00 AC / 522,720 SF
CountyLumpkin County

Building Information for 120 Bear Ridge Road

Stories1Residences11Year Built1989Building Size-Lot Size12.00 AC / 522,720 SF

Property Information for 120 Bear Ridge Road

Summary
Location and General Information
  • Community Features: Other
  • Directions: GPS is Best,
  • Lake Name: None
  • View: Mountain(s), Trees/Woods
  • Coordinates: -84.011146, 34.539978
Taxes and HOA Information
  • Parcel Number: 061 025
  • Tax Year: 2023
  • Association: No
  • Tax Legal Description: On File
School Information
  • Elementary School: Cottrell
  • High School: Lumpkin County
  • Middle School: Lumpkin County
Parking
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Levels/Stories: One and One Half
  • Window Features: Aluminum Frames
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Aluminum Siding, Frame, HardiPlank Type
  • Fencing: None
  • Roof Type: Composition
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available,Electricity Available,Phone Available,Water Available
  • Water Source: Private, Shared Well
Property and Assessments
  • Home Warranty: No
  • Property Condition: Updated/Remodeled
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Mountain Frontage
  • Acreage Source: Owner
Multi Family
Multi-Family Information
  • Unit Count: 11
  • NUM OF UNITS: 11
Income & Expenses Information
  • Gross Annual Income: $117,732.00
  • N.O.I. $: $103,232.00
  • Annual Expenses: $8,000.00
Unit 1
  • Unit Deposit Amount: $800.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Smoke Alarm
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 2
  • Unit Deposit Amount: $900.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Smoke Alarm
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,050.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 2
Unit 3
  • Unit Deposit Amount: $1,000.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Patio, Range/Oven, Refrigerator
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,000.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 4
  • Unit Deposit Amount: $800.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Smoke Alarm
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,000.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 5
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: Carpeting, Central Air, Range/Oven, Refrigerator, Smoke Alarm
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $600.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 6
  • Unit Deposit Amount: $1,100.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Smoke Alarm
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,100.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 3
Unit 7
  • Unit Deposit Amount: $950.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Deck, Fire Alarm, Range/Oven, Refrigerator, Smoke Alarm
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $950.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 2
Unit 8
  • Unit Deposit Amount: $1,500.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Deck, Fire Alarm, Range/Oven, Refrigerator
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,500.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 4
Unit 9
  • Unit Deposit Amount: $900.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Smoke Alarm
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $918.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 2
Unit 10
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: Other
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Vacant
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,000.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 11
  • Unit Deposit Amount: $850.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Deck, Fire Alarm, Range/Oven, Refrigerator
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $893.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Occupant Types: Tenant

Public Records for 120 Bear Ridge Road

Taxable ValueLand$10,571Additions$96,902Total$107,473
Tax Record2024$2,528 ($211 / month)
Home Facts
Baths4Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories1Lot Size52,708 SqFtStyleMulti-Family Res (5+ Units)Year Built1989Year Renovated2000ZoningRGCountyLUMPKINAPN061 025

Schools near 120 Bear Ridge Road

This home is within Lumpkin County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Lumpkin County Elementary School
PublicPK to 5

Lumpkin County Middle School
Public6 to 8

Lumpkin County High School
Public9 to 12

Long Branch Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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120 Bear Ridge Road is a multi-family home for sale in Dahlonega, GA 30533. This property was listed for sale on October 15, 2024 by SMG Realty, it's currently listed at $1,200,000. This listing's school district is Lumpkin County School District. Nearby schools include Lumpkin County Elementary School, Lumpkin County Middle School and Lumpkin County High School. 120 Bear Ridge Road is a 23-bed, 16-bath, multi-family home built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SMG Realty, Kevin Dierkes

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.