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$499,900
4332 Spainhill Cir, Gainesville, GA 30504
5 Beds
3 Baths
2,304 sqft

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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.
  • Price:
  • $499,900
  • Bedrooms:
  • 5
  • Full Baths:
  • 3
  • Square Footage:
  • 2,304
  • Acreage:
  • 1.27
  • Year Built:
  • 2008
  • Listing ID #:
  • 6880820
  • Street Address:
  • 4332 Spainhill Cir
  • City:
  • Gainesville
  • State:
  • Georgia
  • Postal Code:
  • 30504
  • County:
  • Hall
  • Subdivision:
  • Jalvin Barnes
  • Listing Status:
  • Active
  • Listing Type:
  • Single Family Residence
2
out of 5

McEver Elementary School
Public
School Grade Level PRESCHOOL-5
School Students 320 students
School Teachers 14 student/
teacher
2
out of 5

Chestatee Middle School
Public
School Grade Level 6-8
School Students 1200 students
School Teachers 14 student/
teacher
2
out of 5

Chestatee High School
Public
School Grade Level 9-12
School Students 1260 students
School Teachers 15 student/
teacher
  • Architecture Style:
  • Traditional
  • Basement Description:
  • Finished, Finished Bath
  • Building Condition:
  • Resale
  • Construction Description:
  • Wood Siding
  • Foundation:
  • Concrete Perimeter
  • Patio Description:
  • Front Porch
  • Square Footage Source:
  • Public Records
  • Stories:
  • Two
  • Total Building Square Footage:
  • 2304
  • Type Of Roof:
  • Composition
  • View:
  • Rural
  • Windows:
  • Insulated Windows
  • Year Built:
  • 2008
  • Lot Features:
  • Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Steep Slope, Wooded
  • Lot Size Source:
  • See Remarks
  • Road Frontage Type:
  • State Road
  • Road Type:
  • Paved
  • Days On Market:
  • 73
  • On Market Date:
  • 2021-05-09
  • Special Conditions Of Sale:
  • Sold As/Is
  • Property Taxes:
  • $2,175
  • Tax Year:
  • 2020
  • Bedroom Description:
  • Master On Main, Roommate Floor Plan
  • Bedrooms On Main Level:
  • 3
  • Dining Room:
  • Open Concept
  • Full Bathrooms On Main Level:
  • 2
  • Kitchen Features:
  • Cabinets Other, Eat-In Kitchen, Pantry
  • Laundry Description:
  • Laundry Room
  • Other Rooms:
  • Living Room
  • Number Of Carport Spaces:
  • 1
  • Parking Description:
  • Driveway, Storage
  • Parking Spaces:
  • 8
  • Appliances:
  • Electric Range, Refrigerator
  • Cooling System:
  • Ceiling Fan(s), Central Air
  • Electricity:
  • 110 Volts
  • Existing Water:
  • Well
  • Heating:
  • Central, Electric
  • Sewage Type:
  • Septic Tank
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing provided courtesy of Weichert
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