Price Reduction
Address
3912 Darryl Ln Gainesville, GA
Price
$ 309,000
Property Attributes
  • 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

Property vs Zip Code Average in 30506

Price
AVG $360K
$310K
Taxes
AVG $2,445
$1,328
Visits
AVG 41
24
Year Built
AVG 2000
1985

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