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- MLS#8901036
- TypePending
- CountyHALL
- CityGainesville
- AreaHal2
- NeighborhoodHeather Heights
- Zip30506
- StyleDuplex
- Year Built1985
- Taxes1328
- Price$ 309,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2976
- Lot Size0.39 Acres
Listing Provided Courtesy Of:
Alex Morrison with Fathom Realty GA, LLC.
Property Description
Gorgeous Duplex for sale. Renovations were completed on 12/11/2020. The property management company is currently marketing each unit at $1,400 per month. Owner has also had interest from a local hospital about renting by the room to traveling nurses at $1,000 per room per month. Each unit is 3/2 and 1500 square feet. Tenants pay all utilities Seller is willing to consider concessions for driveway grading. Property falls into the 1% rule. Bring in $2,800 a month, or live in one side and rent the other. Area is exploding with growth and the rental market is unable to keep up with the demand. New owner will not be obligated to keep current property manager. Everything inside and out has been replaced which means this will be a very low maintenance property. Breakdown of estimated annual expenses: Taxes-$1,445 Insurance-$2,200+/- Maintenance reserve-$2,800 Property management-$3,360 This leaves an estimated NOI of $23,795. The figures quoted are not guaranteed by the listing broker and are provided by the current owner.
Elementary School | Middle School | High School |
---|---|---|
Mount Vernon Elementary School | North Hall Middle School | North Hall High School |
Price History | |
---|---|
12/14/2020 | Listed $325,000 |
12/30/2020 | 5% - $309,000 |
General Features
Amenities | None |
---|---|
Class | Multifamily |
Construction | Wood Siding |
Construction Status | Resale |
Cooling | Ceiling Fan, Central |
Cooling Source | Electric |
Elementary School | Mount Vernon |
Energy Related | Double Pane/Thermo, Water Heater-electric |
Heating | Central |
Heating Source | Electric |
High School | North Hall |
Listing Area | HAL2 |
Middle School | North Hall |
Multi Type | Duplex |
Price Per Sq Ft | 792307.69 |
Showing Instructions | Appointment Agent, Lockbox GAMLS Compatible, See Remarks, Vacant |
Special Conditions | Investor Owned, No Disclosure |
Status | Under Contract |
Status | Pending |
Stories | 2 Stories |
Subdivision | Heather Heights |
Tax Year | 2019 |
Taxes | 1328 |
Type | Multifamily |
Unit Equipment1 | Dishwasher, Range/Oven, Refrigerator, Smoke/Fire Alrm |
Unit Equipment2 | Dishwasher, Range/Oven, Refrigerator, Smoke/Fire Alrm |
Unit Rent Includes1 | Other (See Remarks) |
Unit Rent Includes2 | Other (See Remarks) |
Unit Rooms1 | Living Room |
Unit Rooms2 | Living Room |
Year Built | 1985 |
Interior Features
Baf (unit 1) | 2 |
---|---|
Baf (unit 2) | 2 |
Basement | Slab/None |
Br (unit 1) | 3 |
Br (unit 2) | 3 |
Laundry Mf | Hookups In Unit |
Total Fin Area (unit 1) | 1488 |
Total Fin Area (unit 2) | 1488 |
Total Number of Units | 2 |
Exterior Features
Acreage Source | Public Record |
---|---|
Lot Dimensions | 164 x 104 |
Lot Size Area | 0.39 |
Openparking | 3 Car Or More, Parking Pad |
Water/Sewer | Public Water, Sewer Connected |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool