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Lakemont
Lakemont | Georgia

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$1,600,000
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Lakemont, Georgia, United States. , Lakemont , Georgia

Duplex in Lakemont

THIS PROPERTY IS ZONED MULTI-FAMILY AND CONTAINS 7 BUILDINGS WITH 10 UNITS. THE 7 BUILDINGS CONSIST OF 1 TRIPLEX, 1 DUPLEX, 2 SINGLE WIDE MOBILE HOMES, 2 STUDIO COTTAGES-ONE COTTAGE HAS A LOFT & ALSO A 2/1 CABIN. ALL THE UNITS ARE PRESENTLY LEASED. LISTED ABOVE ARE ONLY 4 BUILDINGS. A COMMUNITY WELL IS USED FOR ALL UNITS. PROPERTY CONSIST OF 4 ACRES AND ADDITIONAL 6 ACRES WITH PLENTY OF ROOM TO EXPAND. TRACT 6 HAS A NOISY BRANCH WITH LOTS OF MOUNTAIN LAUREL, AND A GREAT PRIVATE GET AWAY SPOT TO HIKE, ENJOY, RELAX AND ENJOY THE CLEAN MOUNTAIN AIR. SASSAFRASS KNOLL IS CONVENIENTLY LOCATED OFF OF HWY 441 IN BEAUTIFUL LAKEMONT APPROXIMATELY 5 MILES TO CLAYTON GEORGIA. TRIPLEX AND DUPLEX OFFERED AS SINGLE LISTINGS FOR SALE. 228 (FMLS#7459292)AND 230 (FMLS#7459293) VARNES CALL FOR ADDITIONAL INFORMATION. CURRENT INCOME FROM ALL THESE UNITS ARE $10500. THIS PROPERTY WILL PAY FOR ITSELF! THE PROPERTY IS CURRENTLY ZONED R3 AND THERE ARE ADDITIONAL 6 ACRES AVAILABLE FOR PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL UNITS ARE TENANT OCCUPIED. OWNER PREFERS SHOWINGS TO OCCUR WITH AN ACCEPTABLE OFFER.

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3D Street View Tour

Map showing Lakemont, Georgia, United States.

Property Location

Lakemont, Georgia, United States., Lakemont Georgia

Local Weather & Climate

Lakemont, Georgia

Current Conditions Updated recently
35 °F
Overcast clouds
Feels Like 30°F
Humidity 44%
Wind 5 mph
Visibility 6.2 mi
Sunrise 12:37 PM
Sunset 10:54 PM
5-Day Forecast
Sun 25 Jan
Snow
High 35°
Low 28°
Mon 26 Jan
Clouds
High 36°
Low 17°
Tue 27 Jan
Clear
High 35°
Low 7°
Wed 28 Jan
Clouds
High 36°
Low 18°
Thu 29 Jan
Clouds
High 36°
Low 19°
Annual Climate Based on last 12 months
51° Avg Low
Jan
69° Avg High
Jul
177 Rainy Days
per year
Arid
Semi-Arid
Moderate
Wet
43.1" Annual Rainfall
Moderate climate
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3 Snow Days
per year
Monthly Temperatures
Jan
50°
32°
Feb
56°
35°
Mar
67°
46°
Apr
73°
51°
May
73°
56°
Jun
80°
64°
Jul
84°
69°
Aug
84°
68°
Sep
82°
64°
Oct
68°
51°
Nov
62°
42°
Dec
54°
35°
Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Lakemont?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

$
%
$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Frequently Asked Questions

Common questions about this property

This property is listed at $160,000,000.
Lakemont features a pleasant climate. Average temperatures range from 51°F in winter to 69°F in summer. The area receives approximately 43.1 inches of precipitation annually. There are about 177 days with rain throughout the year. Expect around 3 days with snow. This climate information can help you plan for seasonal activities and energy costs.
Lakemont tends to be warmest in Jul and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.
This is a apartment located in Lakemont, Georgia. The property is situated in an established neighborhood with convenient access to local amenities and services.
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