tomo logo

$360,000

Beds
5
Baths
4.0
sq ft
3,434

4282 Porter Springs Rd, Dahlonega, GA 30533

4282 Porter Springs Rd

Dahlonega, GA 30533

  • 87 days on market
    • Price drop $39,999↓
**Investor Alert: Exceptional Buy-and-Hold Opportunity in Dahlonega!** Located just minutes from the college in Dahlonega, this spacious 5-bedroom, 4-bathroom brick ranch on a full basement offers a fantastic opportunity for investors seeking a duplex-style rental property. With its dual living spaces, each featuring a private entrance, separate driveway, kitchen, and laundry hookups, this home is a turnkey solution for rental income. - **Top Level:** 2 bedrooms, 2 bathrooms - **Bottom Level:** 3 bedrooms, 2 bathrooms Each level is fully self-contained, providing total independence between the units, making it an ideal setup for long-term tenants. The home’s proximity to the college adds significant appeal, creating a consistent rental demand from students and faculty looking for nearby housing. Additional features of the property include a **large 2-bay shop** and a **brand new roof** on the home, offering peace of mind for years to come. The 2.5-acre lot provides plenty of space for outdoor activities, potential expansion, or additional rental units. Priced to sell quickly "as-is," this property is listed at a value within the **1% rule**, ensuring a strong return on investment. With its prime location, attractive layout, and excellent income potential, this opportunity won’t last long. Don’t miss out on this incredible investment! Contact the listing agent today for more details or to schedule a showing.

Details

Property type

Single Family Residence

Est. home value

$428,958

Property condition

Fixer

Lot size

2.50 acres

Price per sq ft

$105

Year built

1965

Annual property taxes

$2,699

HOA

No

Price History

12/15/2024
FMLS

FMLS #7456605

Price change
$360,000
-10%
12/11/2024
FMLS

FMLS #7456605

Removed
$399,999
12/06/2024
FMLS

FMLS #7456605

Pending
$399,999

Schools & Community

Elementary school: 

Lumpkin - Other

Middle school: 

Lumpkin County

High school: 

Lumpkin County

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Loan Depot Com

Loan start date

July 2021

Original loan amount

$295,850

Est. remaining balance

$273,959

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Amber Nicole Brian

Lender

Loan Depot Com

Loan start date

July 2021

Original loan amount

$295,850

Est. remaining balance

$273,959

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Amber Nicole Brian

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 4:45 PM

Listing updated: 12/18/2024 at 2:00 PM

Listed by: Kelby Hamby, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7456605

FMLS logo

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