Wholesale Opportunity in Gainesville, Georgia
$165000 / 2113 sq ft - LOOKING FOR CASH BUYERS ONLY! PROPERTY FOR SALE IN GAINESVILLE, GA!!! (Gainesville, GA)
2113 square foot available August 7
Single Family Dwelling
Only 3 Miles from Port Royale Marina on Lake Lanier!
Address: 5010 Whispering Pines Drive Gainesville, GA 30504
Reduced Price: $165,000
Repairs: $30,000
ARV: $246,000
Details:
4 Bed / 2 Bath (per inspection)
Approx. 2,113 SF Living Area (per inspection)
This 4 bed / 2 bath home in Gainesville, Georgia is perfect for a buy and hold rental or a fix and flip.
See the video walk-through and photos below to verify 3 bedrooms / 1 bath on the top level and 1 bedroom with closet on the lower level with large family room and second bathroom. Tax records show upstairs living space is 1,242 square feet but bottom level living space brings the total to approximately 2,113 sq feet. Plus it has a sun-room and pool (which needs repair). Recently renovated properties within 2 miles of the home support an ARV of up to $246,500.
Video walk-through: https://drive.google.com/drive... the photos here: https://drive.google.com/drive... was replaced 4 years ago.
Repairs Needed:
- Roof/Chimney: $10K
- Pool, Fencing & Deck: $13K
- Flooring, Carpet, Paint, Misc Inside Repairs: $4K
- New Appliances & Water Heater: $3K
Total Repairs: $30K
Access is by appointment only.
RVSP via email or text to reserve an inspection time slot this Friday, Aug. 7 from 1-3 PM.
Call or Text Dave Farkas at 678-400-0505
Area Comps:
4720 Browns Bridge Rd Gainesville, GA 30504
3/2 2,080 Sq. Ft. Built: 1976 Sold on 2/10/20 for $246,500
5133 Merry Ln Gainesville, GA 30504
3/2 1,680 Sq. Ft. Built: 1974 Sold on 9/22/19 for $236,500
4776 Gay Ln Gainesville, GA 30504
3/2.5 2,144 Sq. Ft. Built: 1982 Sold on 6/29/20 for $220,000
Vince Mercardante Sr
706-202-0618