$1,200,000
$1,150,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
2521 Pemmican RUN Gainesville, GA 30504
0.75 Acres Lot
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Pemmican Point
MLS Listing ID 6972180
Sold Date 12/03/21
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1983
Annual Tax Amount $2,157
Tax Year 2020
Lot Size 0.750 Acres
Acres 0.75
Property Sub-Type Quadruplex
Property Description
Once in a lifetime opportunity to have an income producing property AND personally enjoy Lake Lanier life! Four unit townhome building completely updated with roughly 566 feet of lake frontage complete with Corp permitted 2 slip boat dock in place with party deck on top. One 1,375 sqft unit with finished basement is currently vacant, perfect for owner occupant, but can easily be rented. Rents are currently under market, but still has revenue of $90,600/yr with all units rented. No HOA to worry about! Two units have finished basements, and 2 have unfinished basements. Homes have had recent renovations and are in good condition, and external siding is almost new condition. Cute decks for each unit overlook the lake, and have great views of the lake during fall/winter.
Location
State GA
County Hall
Area 264 - Hall County
Lake Name Lanier
Interior
Heating Electric
Cooling Central Air
Window Features None
Exterior
Parking Features Driveway, Paved
Fence None
Community Features Lake
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Waterfront Description Lake, Lake Front
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 9
Building
Lot Description Other
Story Two
Sewer Septic Tank
Water Public
Level or Stories Two
Structure Type Vinyl Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Lyman Hall - Hall
Middle Schools Chestatee
High Schools Chestatee
Others
Senior Community no
Tax ID 08004 000002
Special Listing Condition None
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Bought with Atlas Real Estate, Inc