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Engel & Völkers Atlanta

atlanta@evatlanta.com +1(404) 845-7724

$ 995,000

Est. payment -/mo

Save

New

5144 Spring ST Flowery Branch, GA 30542

0.44 Acres Lot

UPDATED:

11/02/2024 12:04 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Quad Oak Estate

MLS Listing ID 7480445

Construction Status Updated/Remodeled

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1984

Annual Tax Amount $2,838

Tax Year 2023

Lot Size 0.440 Acres

Acres 0.44

Property Description

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.

Location

State GA

County Hall

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features None

Exterior

Garage Parking Lot, Paved

Fence None

Community Features None

Utilities Available Other

Waterfront Description None

View Other

Roof Type Composition

Accessibility None

Handicap Access None

Parking Type Parking Lot, Paved

Private Pool false

Building

Lot Description Other

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Other

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Flowery Branch

Middle Schools West Hall

High Schools West Hall

Others

Senior Community no

Tax ID 08113 002018

Special Listing Condition None

Listed by Keller Williams Lanier Partners

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Engel & Völkers Atlanta

+1(404) 845-7724

Engel & Völkers Atlanta

Engel & Völkers Atlanta

5144 Spring ST Flowery Branch, GA 30542

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5144 Spring ST