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    3912 Darryl Lane

    Gainesville, GA 30506
    • $309,000
    • STATUS: Active Under Contract
    • ON SITE: 35 days
    • MLS #: 6818025
    Under Contract
    UPDATED: 65 min ago
    $309,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    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.

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    Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2021 First Multiple Listing Service, Inc. Data last updated 2021-01-17T00:03:12.977. For issues regarding this website, please contact BoomTown.
    www.northatlantahometeam.com/homes/112569906
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    3912 Darryl Lane Gainesville, GA 30506

    • Price: $309,000
    • Status: Active Under Contract
    • Updated: 65 min ago
    • MLS #: 6818025
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    1985
    Built
    Neighborhood:
    Heather Heights
    County:
    Hall
    Area:
    262 - Hall County
    Elementary School:
    Mount Vernon
    Middle School:
    North Hall
    High School:
    North Hall
    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.
    Exterior Features

    Construction Materials Wood Siding Fencing None Lot Features Cul-De-Sac Number Of Parking Spaces 4 Parking Features DrivewayPaved Roof Type Composition Stories Two View Other

    Interior Features

    Cooling Ceiling Fan(S)Central Air Heating Electric

    Property Features

    Accessibility Features None Community Features None Green Energy Efficient None Lake Name None Lot Size Dimensions 164 X 104 Owner Financing No Property Condition Updated/Remodeled Security Features None Sewer Public Sewer Special Circumstances Investor OwnedNo Disclosures From Seller Special Listing Conditions None Tax Year 2019 Taxes 1328.00 Type Duplex Utilities Electricity AvailableSewer AvailableWater Available Water Source Public

    Listing provided courtesy of Fathom Realty Ga, Llc..


    Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2021 First Multiple Listing Service, Inc. Data last updated 2021-01-17T00:03:12.977. For issues regarding this website, please contact BoomTown.
     
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