4332 Spainhill Circle

Gainesville, Ga 30504

Active

Days on Market: 369

$499,900

$7,498

refund

5 BEDS| 3 BATHS| 2304 SQFT

Great income property walking distance to Lake Lanier! Currently operating with an 8% cap, but with 10% cap potential! This is a combination of 3 lots totaling 1.269 acres. The house was built in 2008 and is split into an upper and lower level. The upper level is a 3 bedroom, 2 bath home with an open floor plan for the kitchen/dining room/living room. The lower level is a 2 bedroom, 1 bath home. Property also contains 2 mobile homes and a 500 square ft freestanding studio. The mobile homes are both single wide, but with development 1 or both could be double wide. Home is in very good condition. Property is on well water and septic. Currently fully occupied. High demand for rentals in area. House can be financed with a lender; Seller can finance the rest of the property for qualified buyer.

PROPERTY DETAILS for 4332 Spainhill Circle

Property Type:

Residential

Property Subtype:

Single Family Residence

Status:

Active

MLS:

6880820

County:

Hall

Lot Size:

215 x 118

Year Built:

2008

Go Tour This Home

TUESDAY

24

MAY

WEDNESDAY

25

MAY

THURSDAY

26

MAY

It's free, with no obligation - cancel anytime.

INTERIOR FEATURES for 4332 Spainhill Circle

Other

SCHOOLS

McEver
Chestatee
Chestatee

Go Tour This Home

TUESDAY

24

MAY

WEDNESDAY

25

MAY

THURSDAY

26

MAY

It's free, with no obligation - cancel anytime.

Get More Info

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Last updated May 23rd 2022, 9:08 pm