Off Market Property – Coming SOON, Gainesville Georgia

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Property description:

The upper level is approximately 1200 sq. ft. with two bedrooms and one bath consisting of a freestanding shower and a spa tub.  The flooring is ceramic tile installed in 2016. The giant country kitchen has plenty of room for a six top table and an excessive amount of cabinet space.  The stove, refrigerator and dishwasher are included. The flooring is rustic tile, which continues into the mud/laundry room leading to the back door.  The back door opens onto a good size screened porch. There is a nice dining room with French door separating it from the Living room.  The living room is good size with an outside entrance from both the side and front decks. The master bedroom has two closets and is accessible from both the bath, the second bedroom and the dining room.  The second bedroom has two closets and is also accessible from the living room.  The floors in the bedrooms, living room and dining room are a cherry laminate that was installed in 2016.  There are also four ceiling fans in the home.  The upstairs portion of the home was moved there in approximately 1997 and set on the new foundation containing the two mother-in-law suites.  There is a stairway leading to the rear unit off the laundry room which would make it easy to convert the house of a single family only.

Each of the in-law suites have approximately 650 sq. ft. with full baths and kitchens and private entrances.  Stoves and refrigerators are included.  The front suite has carpet in the living room and tile in the remaining space.  The good size bedroom has a closet with four bi-fold doors and doors that separate it from the living room and bath.  The kitchen is open to the living room area and there is a laundry area at one end of the kitchen.  This suite has lots of day light with windows on three sides.  There are two small patio areas in the front of this suite.

  The rear suite is accessible from the side of the house with a large covered patio area.  The flooring is Allure Vinyl Oak installed in January of 2019.  As you enter, the bedroom is to your left with built-in shelving on end wall and is open on the forth side to the other areas.  Next is a very large walk-in closet off the living room/kitchen area.  The bath has ceramic tile flooring. Both of the Formica kitchen countertops were installed in 2018. There is also a door at the end of the kitchen that can allows access to the front suite if needed.  All of the units rent easily and current rents (which include utilities are rented below market).

The exterior of the home is vinyl sided with a metal roof.  The yard has a large fenced area around the back and side of the house.  The lot is approximately 1.3 acres.  The home uses well water and the new well was installed in 2017.  The location across from the lake with the feel of country living, while being only ten minutes to downtown shopping and all of the new development on Jesse Jewel make this a very desirable setting.  The driveway parking area can hold up to five cars.  There are two HVAC units for the home and one water heater.  When the home was moved and rebuilt, all of the plumbing and electrical was new.  A new HVAC system was installed in the upper unit in 2020.

The current tenants are on leases that may be broken with one month’s notice in the case of a sale.  Upstairs tenant moved in on 9-8-18 and continues on a month-to-month.  She is a single professional and is a great tenant.  Downstairs front moved in 6-1-20 and have renewed for another year.  They are a young couple and have been fine.  Downstairs rear is the most recent move-in on 7-1-21 and is a young single girl.  All tenants are fully vetted during the application process.  All rents include utilities and are below market.

Although it is a great rental property, the home could be easily converted to a total single family with four or five bedrooms and three full baths.

If you are interested in purchasing this property, I would be glad to send you pictures of all of the units inside and out and discuss it with you further.  PLEASE DO NOT VISIT THE PROPERTY OR DISTURB THE RESIDENTS UNTIL WE HAVE SPOKEN. 

Single Family Home with two in-law suites