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.
10406311
MLSⓇ ID
November 1, 2024
Listed
November 28, 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
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
27
Garage
No
Parking
Parking Pad
View
No
County
Hall
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/25/2024 | Price change | $945,000 -6% |
Listed with Keller Williams Lanier Partner
Based on information from Georgia MLS as of 11/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
©2024 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed.
Data last updated 6:48 AM UTC, 11/28/2024