70 Colham Ferry EXT, Watkinsville, GA 30677 - MLS#10670240

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Yolanda Phillips

yphill@bellsouth.net +1(404) 274-1613

$1,164,000

Est. payment - /mo

6 Beds

3.5 Baths

3,181 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Square Footage 3,181 sqft

Price per Sqft $365

MLS Listing ID 10670240

Style Ranch

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1972

Annual Tax Amount $6,084

Tax Year 2025

Lot Size 3.220 Acres

Acres 3.22

Lot Dimensions 3.22

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

TWO PROPERTIES Downtown Watkinsville Investment Properties with Immediate Income and Land to Build - Rare opportunity to own TWO income-producing properties on 3.22 acres within the city limits of Watkinsville. This unique offering is adjacent to an area experiencing downtown redevelopment activity, adding to the long-term appeal of this prime location. The property includes two adjacent, fully renovated homes located near the corner of S. Main Street and Colham Ferry Road, offering a highly desirable downtown Watkinsville setting with land, privacy, and future potential. Both homes were originally built in the early 1970s and have been recently renovated, featuring new roofs, updated HVAC systems, fresh interior paint, new flooring, renovated kitchens with new appliances, and updated bathrooms. The properties are tenant-occupied and currently generate approximately $4,600 per month in rental income, making this an attractive investment property with immediate cash flow. The land consists of multiple tracts with mixed zoning, including Agricultural and R-3 Residential, providing flexibility for future use subject to buyer due diligence and required approvals. A recorded easement provides access via a private drive, creating a quiet, tucked-away setting while remaining walkable to Wire Park, Thomas Farm Preserve, Watkinsville Woods, and downtown shops, dining, and community events. Located in the Oconee County School District, this property is well suited for investors, buyers seeking a multi-generational family setup, or those looking for a long-term hold in a prime Oconee County location. Opportunities combining downtown acreage, rental income, and zoning flexibility are increasingly rare. Contact the listing agent to discuss the current income and future potential this property offers!

Location

State GA

County Oconee

Rooms

Bedroom Description No

Other Rooms Second Residence

Basement None

Interior

Interior Features Master On Main Level

Heating Central, Other

Cooling Central Air

Flooring Tile, Vinyl

Fireplace No

Appliance Dishwasher, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliance(s)

Laundry Mud Room

Exterior

Parking Features Off Street

Garage Spaces 4.0

Community Features Walk To Schools, Near Shopping

Utilities Available Cable Available, Electricity Available, High Speed Internet, Water Available

View Y/N No

Roof Type Composition

Total Parking Spaces 4

Garage No

Private Pool No

Building

Lot Description Level, Private

Faces From 441 - head east on New High Shoals Rd - turn left onto S MAIN ST. Turn Right onto Colham Ferry Rd & immediate left onto Colham Ferry Extension. Pass 3 houses and turn right onto dirt road to 70 & 72 Colham Ferry Extension.

Sewer Septic Tank

Water Public

Architectural Style Ranch

Structure Type Brick

New Construction No

Schools

Elementary Schools Colham Ferry

Middle Schools Oconee County

High Schools Oconee County

Others

HOA Fee Include None

Tax ID W 08 002E

Acceptable Financing 1031 Exchange, Cash, Other

Listing Terms 1031 Exchange, Cash, Other

Special Listing Condition Updated/Remodeled

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Yolanda Phillips

+1(404) 274-1613

Broker Associate | License ID: 60723

Broker Associate License ID: 60723

70 Colham Ferry EXT Watkinsville, GA 30677

Yolanda Phillips

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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