Active

5144 Spring Street

Flowery Branch GA, 30542

$945,000


Active

Multi-family

Built in 1984

Seize the chance to own a meticulously upgraded quadplex in the thriving Flowery Branch community! Each of the four spacious units has undergone extensive renovations, creating an attractive and modernized investment property that's ready for immediate rental income. With two units already leased at $1,600 each and consistent daily inquiries about the remaining two units, this property offers exceptional cash flow potential. Key Features and Upgrades: Comprehensive Exterior Upgrades: New gutters, downspouts, custom fascia metal, and reinforced roof with new pipe collars and nail sealing. Interior Transformation: All kitchen cabinets are freshly painted, shaker-style doors installed, and new dishwashers in units 2 and 3. Premium Flooring Throughout: Durable LVP flooring in main areas and elegant tile in bathrooms for a sophisticated, low-maintenance finish. Smart Security & Access: Coded front door locks for added convenience and security. Enhanced Curb Appeal: Landscaped grounds with Bermuda sod, olive trees, azaleas, and tasteful brown mulch in front beds. Functional Exterior Upgrades: New deck stairs for units 1 and 2, retaining wall with sock drainage, and updated grading for optimal water runoff. Backyard Oasis: Finished with 60 bales of pine straw, stepping stones, and decorative rock for an inviting outdoor experience. Prime Location with High Demand: This property benefits from high rental demand in Flowery Branch, with constant interest and inquiries for available units, adding immediate value and rental income security for the buyer. Its convenient location offers easy access to schools, shopping, dining, and local attractions, making it a desirable choice for tenants and investors alike. Pricing and Sale Terms: Our initial listing price of $995,000 is designed to reflect the high-quality renovations, upgrades, and income potential. Given our goal of closing by year-end, we are open to all offers. Whether above or below asking price, every offer will be seriously considered, making this an incredible opportunity for savvy investors. Act fast to take advantage of this unique opportunity to secure a fully renovated, income-generating property in one of Flowery Branch's most sought-after areas! Don't miss your chance to own a truly turn-key investment with exceptional earning potential. For inquiries or to schedule a viewing, please contact us today.

7480445

MLS ID

November 1, 2024

Listed

November 25, 2024

Updated

Map

5144 Spring Street
Flowery Branch GA, 30542

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.44 Acres


Lot Features

Other


Roof

Composition


Sewer

Public Sewer

School Information

High School

West Hall


Elementary School

Flowery Branch

Other Property Details

Taxes

$2,838


Tax Frequency

Annually


Days on Market

24


Garage

No


Parking

Parking Lot, Paved


Parking Total

0


View

Yes


View Description

Other


County

Hall - GA


Water Source

Public


Pool

No

Green Building Features

Green Features

None

Listing History

Date

Event

Price

11/25/2024

Price change

$945,000

-6%

Listed by Pat Burke with Keller Williams Lanier Partners 770-503-7070

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. 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. ©2024  First Multiple Listing Service, Inc.

©2024 FMLS. All rights reserved. 

Data last updated 4:19 PM UTC, 11/25/2024

Powered byLuxury Presence