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3971 Hidden Hollow Dr Gainesville, GA 30506

UPDATED:

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1870000

 /mo

8Beds

8Baths

-1SqFt

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Clarissa Zumwalt

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Key Details

Property Type: Multi-Family

Sub Type: Triplex

Listing Status: Under Contract

Purchase Type: For Sale

Lot Size: 0.340 Acres

Year Built: 2002

MLS Listing ID: 8920827

HOA Fees: $630/ann

Subdivision: Hidden Hollow

Bedrooms: 8

Full Baths: 8

Construction Status: Resale

Property Description

This is an outstanding 11 door assemblage. Each separately deeded property is a very short distance from Lake Lanier and surrounded by million plus dollar homes. These properties have nearly new roofs and gutters (10/2020) all with 50 year transferrable warranties. 9 of 11 units have had new heat pumps installed from 6/2019-6/2020. Current rents are well below market and this still comes in just below a 6% cap. Cap Ex will likely be extremely low for the foreseeable future and appreciation looks very favorable. No showings until the Due Diligence period.

Location

State: GA

County: Hall

Area: Hal2

Direction: GPS Friendly

Rooms

Basement: Slab/None

Multi-Unit Info

Total Units: 11

Unit 1 Information: Rents Price: $715; Bedroom: 2; Bathroom: 2; FullBath: 2; Type: Living Room; Includes: Dishwasher, Range/Oven, Refrigerator, Smoke/Fire Alrm

Unit 2 Information: Rents Price: $1,000; Bedroom: 2; Bathroom: 2; FullBath: 2; Type: Living Room; Includes: Dishwasher, Range/Oven, Refrigerator, Smoke/Fire Alrm

Unit 3 Information: Rents Price: $850; Bedroom: 2; Bathroom: 2; FullBath: 2; Type: Living Room; Includes: Dishwasher, Range/Oven, Refrigerator, Smoke/Fire Alrm

Unit 4 Information: Rents Price: $830; Bedroom: 2; Bathroom: 2; FullBath: 2; Type: Living Room; Includes: Dishwasher, Range/Oven, Refrigerator, Smoke/Fire Alrm

Interior

Laundry: Hookups In Unit

Heating: Heat Pump,Electric

Cooling: Heat Pump,Electric

Heat Source: Electric

Exterior

Garage: Attached,Garage,Kitchen Level Entry

Amenities Available: None

Building

Building Description: Brick Front, Brick Front

Lot Dimensions: x

Sewer: Public Water,Septic Tank

Water: Public Water,Septic Tank

Level or Stories: 1 Story

Structure Type: Brick Front

Construction Status: Resale

Schools

Elementary Schools: Sardis

Middle Schools: Chestatee

High Schools: Chestatee

Others

Tax Amount: $15,912

Tax Year: 2019

Tax ID: 10098 000122

Special Sale: Investor Owned

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Listing provided by Fathom Realty GA, LLC

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Nearby School & Properties

School data provided by GreatSchools for your convenience. Please contact schools directly for enrollment eligibility.

Property History

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Clarissa Zumwalt

 770-845-8268

Associate Broker License ID: 335417

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