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PRICE $375,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 17,424 sqft

Rare Investor Opportunity! Fully Renovated, Fully Rented Duplex beautifully located on Lake Lanier! This turnkey duplex offers immediate cash flow and long-term potential. Both units are currently rented on year-long leases. One at $1,645 and one at $1680, bringing total monthly income to $3,325. They both pay all their own utilities for maximum profit. Also no flood insurance needed for this property. Lake Lanier in the backyard of this duplex enhances its appeal to both future tenants and future resale value. Both units have a deck the length of the building looking out into the private forest with a private path to the lake, perfect for fishing, kayak or paddle board access or just relaxing and enjoying the views. Future rental and resale value could even be increased more by clearing some of the vegetation behind the home to have clear views of the lake in the backyard (with CorpCOs permission). The value could skyrocket if turned into a single family home in the future with the proper zoning and permits. Nearby single family homes on the lake typically sell for $1M-$1.5M. This duplex, with 2 bedrooms and 2 bathrooms on each side, has been thoughtfully renovated for easy renting and low maintenance for the landlord, including the installation of water and scratch resistant Luxury Vinyl Plank (LVP) floors, granite countertops and stainless steel appliances in the kitchens, updated granite bathroom vanities, and new, neutral interior paint throughout. All light fixtures, ceiling fans, faucets, and hardware have been replaced with new, modern finishes, and new blinds have been installed throughout for renter happiness. Units have ample parking in front and private entrances to the units.

DAYS ON MARKET 2 LAST UPDATED 4/24/2025
TRACT Heather Heights YEAR BUILT 1987
GARAGE SPACES 4.0 COUNTY Hall
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Mount Vernon
Jr. High School North Hall
High School North Hall


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air, Electric
AIR CONDITIONING Yes
BASEMENT None
CONSTRUCTION Wood Siding
GARAGE Yes
HEAT Central, Electric, Heat Pump
LOT 0.4 acre(s)
PARKING Off Street
SEWER Septic Tank
STORIES 2
SUBDIVISION Heather Heights
TAXES 2281
WATER Public
WATER ACCESS LANIER
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Atlas Real Estate Inc.
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