5144 Spring Street

Flowery Branch, GA 30542

$995,000
Price
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Beds
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per Sq. Ft.

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,...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.
  1. Listed by Pat Burke • Keller Williams Lanier Partners
  2. Listed by Brenda Burke • Keller Williams Lanier Partners

Property Details for 5144 Spring Street

Subdivision Complex
Quad Oak Estate
Num Of Parking Spaces
0
Parking Features
Parking Lot, Paved
Property Attached
No
Waterfront Features
None
Furnished
Unfurnished
LISTING UPDATED: 11/05/2024 08:30 AM

Property Details for 5144 Spring Street

StatusActive
MLS #7480445
Days on Market16
Taxes$2,838 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1984
Lot Size0.44 AC / 19,166 SF
CountyHall County

Building Information for 5144 Spring Street

Stories2Residences4Year Built1984Building Size-Lot Size0.44 AC / 19,166 SF

Property Information for 5144 Spring Street

Summary
Location and General Information
  • Community Features: None
  • Directions: North on Atlanta Hwy, Right on Spring Street, property on right.
  • Lake Name: None
  • View: Other
  • Coordinates: -83.920609, 34.185153
Taxes and HOA Information
  • Parcel Number: 08113 002018
  • Tax Year: 2023
  • Association: No
  • Block: 0
  • Tax Legal Description: 0
  • Tax Lot: 0
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Flowery Branch
  • High School: West Hall
  • Middle School: West Hall
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Levels/Stories: Two
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Other
  • Dock: None
  • Fencing: None
  • Roof Type: Composition
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Updated/Remodeled
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Land lot: 0
  • Lot Features: Other
  • Acreage Source: Assessor
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • NUM OF UNITS: 4
Income & Expenses Information
  • Gross Annual Income: $.00
  • N.O.I. $: $.00
  • Annual Expenses: $.00
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 5144 Spring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5144 Spring Street

Taxable ValueLand$6,000Additions$155,000Total$161,000
Tax Record2024$5,896 ($491 / month)
Home Facts
Total Finished SqFt3,600 SqFtAbove Grade Finished SqFt3,600 SqFtLot Size19,166 SqFtStyleMulti-Family Res (5+ Units)Year Built1984Year Renovated1995ZoningR-IICountyHALLAPN08-113 -002-018

Schools near 5144 Spring Street

This home is within Hall County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Flowery Branch Elementary School
PublicPK to 5

West Hall Middle School
Public6 to 8

West Hall High School
Public9 to 12

World Language Academy Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5144 Spring Street is a multi-family home for sale in Flowery Branch, GA 30542. This property was listed for sale on November 1, 2024 by Keller Williams Lanier Partners, it's currently listed at $995,000. It has been on the market for a total of 16 days and was last sold on July 10, 2024. This listing's school district is Hall County School District. Nearby schools include Flowery Branch Elementary School, West Hall Middle School and West Hall High School. 5144 Spring Street is a 0-bed, 0-bath, multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Lanier Partners, Pat Burke; Keller Williams Lanier Partners, Brenda Burke

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.