5148 Spring Street
Description
Exceptional opportunity to acquire a beautifully renovated four-unit multifamily property in the highly desirable Flowery Branch market. Each spacious 2-bedroom, 1.5-bath townhome-style unit has been extensively updated with today's most sought-after finishes, including granite countertops, brand-new stainless steel appliances, luxury vinyl plank flooring throughout the main living areas, and new carpet in the bedrooms....Turnkey Quadplex Investment Opportunity – Fully Renovated & Strong Cash Flow Potential
Exceptional opportunity to acquire a beautifully renovated four-unit multifamily property in the highly desirable Flowery Branch market. Each spacious 2-bedroom, 1.5-bath townhome-style unit has been extensively updated with today's most sought-after finishes, including granite countertops, brand-new stainless steel appliances, luxury vinyl plank flooring throughout the main living areas, and new carpet in the bedrooms. Designed for low-maintenance ownership and maximum tenant appeal, this property offers investors a true turnkey opportunity with major interior improvements already completed. A recently leased end unit at $1,400 per month demonstrates the property's strong rental demand and income potential. Ideally situated just minutes from I-985, Lake Lanier, downtown Flowery Branch, shopping, dining, schools, and major employers, this quadplex is positioned in one of Northeast Georgia's fastest-growing rental markets. Investment Highlights:
Four spacious 2BR/1.5BA townhome-style units
Fully renovated interiors
Granite countertops throughout
Brand-new stainless steel appliances in every unit
New luxury vinyl plank flooring with carpeted bedrooms
Strong rental demand with a recently leased unit at $1,400/month
Excellent cash-flow opportunity with long-term appreciation potential
Perfect for portfolio expansion or a 1031 exchange investment
Whether you're a seasoned investor or looking to add a quality multi-unit asset to your portfolio, this updated quadplex offers immediate income, modern finishes, and outstanding upside in one of Hall County's most desirable growth corridors.
- Listed by: Best Team • Red 1 Realty, LLC 706-489-9450
- Listed by: Rich Orban • Red 1 Realty, LLC
Location
Sold By EXP Realty, LLC., Lucia Brooks
Payment Calculator
$4,496 per month
30 year fixed, 7.03% Interest
$4,079
$418
$0
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 5148 Spring Street
- Taxes: $5,012 / year
- MLS Type: Residential Income / Quadruplex
- County: Hall County
- Subdivision Complex: Quad Oak Estate
- Parking Features: Parking Lot
- Property Attached: No
- Waterfront Features: None
- Stories: 2
- Residences: 4
- Year Built: 1985
- Lot Size: 0.38 AC / 16,552 SF
- Community Features: None
- Directions: North on Atlanta Hwy, right on Spring Street, property on the right
- Lake Name: None
- View: Neighborhood
- Coordinates: -83.920291, 34.184999
- Parcel Number: 08113 002019
- Tax Year: 2025
- Association: No
- Tax Legal Description: QUAD OAK ESTATES LT 2
- Tax Lot: 2
- Elementary School: Flowery Branch
- High School: West Hall
- Middle School: West Hall
- Virtual Tour Link PP: https://www.propertypanorama.com/5148-Spring-Street-Flowery-Branch-GA-30542/unbranded
- Concessions Amt: $14,500.00
- Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
- Heating: Central, Forced Air, Heat Pump
- Basement: Crawl Space
- Flooring: Carpet, Luxury Vinyl
- Levels/Stories: Two
- Window Features: Double Pane Windows, Window Treatments
- Bathrooms Total Interger: 0
- Accessibility Features: None
- Construction Materials: Aluminum Siding
- Dock: None
- Fencing: None
- Roof Type: Composition
- Security Features: None
- Pool Private: No
- Sewer: Public Sewer
- Utilities: Cable Available,Electricity Available,Phone Available,Sewer Available,Underground Utilities,Water Available
- Water Source: Public
- Home Warranty: No
- Property Condition: Resale
- Possession: Close Of Escrow
- Green Energy Efficient: Appliances, Windows
- Green Energy Generation: None
- Lot Features: Wooded
- Acreage Source: Public Records
- Unit Count: 4
- NUM OF UNITS: 4
- Unit Deposit Amount: $1,400.00
- Unit Electric Included: No
- Unit Features: Carpeting, Central Air, Deck, Dishwasher, Microwave, Range/Oven, Refrigerator, Wash/Dry Connect
- Unit Garbage Included: No
- Unit Gas Included: No
- Unit Half Baths: 1
- Unit Maintenance Included: Yes
- Unit Occupant: Vacant
- Unit Water Included: No
- Unit Rent Amount: $1,400.00
- Unit Full Baths: 1
- Unit Bedrooms: 2
- Unit Deposit Amount: $1,400.00
- Unit Electric Included: No
- Unit Features: Carpeting, Central Air, Deck, Dishwasher, Microwave, Range/Oven, Refrigerator, Wash/Dry Connect
- Unit Garbage Included: No
- Unit Gas Included: No
- Unit Half Baths: 1
- Unit Maintenance Included: Yes
- Unit Occupant: Vacant
- Unit Water Included: No
- Unit Rent Amount: $1,400.00
- Unit Full Baths: 1
- Unit Bedrooms: 2
- Unit Deposit Amount: $1,000.00
- Unit Electric Included: No
- Unit Features: Carpeting, Central Air, Deck, Dishwasher, Microwave, Range/Oven, Refrigerator, Wash/Dry Connect
- Unit Garbage Included: No
- Unit Gas Included: No
- Unit Half Baths: 1
- Unit Maintenance Included: Yes
- Unit Occupant: Tenant Occupies
- Unit Water Included: No
- Unit Rent Amount: $1,000.00
- Unit Full Baths: 1
- Unit Bedrooms: 2
- Unit Deposit Amount: $1,150.00
- Unit Electric Included: No
- Unit Features: Carpeting, Central Air, Deck, Dishwasher, Microwave, Range/Oven, Refrigerator, Wash/Dry Connect
- Unit Garbage Included: No
- Unit Gas Included: No
- Unit Half Baths: 1
- Unit Maintenance Included: Yes
- Unit Occupant: Tenant Occupies
- Unit Water Included: No
- Unit Rent Amount: $1,150.00
- Unit Full Baths: 1
- Unit Bedrooms: 2
- Terms: VA
- Occupant Types: Tenant
Property History for 5148 Spring Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 3, 2010 | Sold (Public Record) Public Record #295954070 | $208,102 | — |
| Aug 3, 2010 | Sold (Public Record) Public Record #295954071 | $208,102 | -4.7% / yr |
| Dec 5, 2006 | Sold (Public Record) Public Record #218214178 | $248,000 | +24.4% / yr |
| Apr 7, 2005 | Sold (Public Record) Public Record #594657509 | $172,500 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/03/2010 | Sold (Public Record) Public Record #295954070 | $208,102 |
| 08/03/2010 | Sold (Public Record) Public Record #295954071 | $208,102 -4.7% / yr |
| 12/05/2006 | Sold (Public Record) Public Record #218214178 | $248,000 +24.4% / yr |
| 04/07/2005 | Sold (Public Record) Public Record #594657509 | $172,500 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 5148 Spring Street
Schools near 5148 Spring Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Flowery Branch Elementary School PublicPK to 5 | ||
West Hall Middle School Public6 to 8 | ||
West Hall High School Public9 to 12 | ||
World Language Academy Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 30542
$464,900
- 3
- Bedrooms
- 3
- Bathrooms
- 2,874
- Square Feet
- 0.21
- Acres
$440,000
- 4
- Bedrooms
- 3
- Bathrooms
- 2,364
- Square Feet
- 0.91
- Acres
$1,100,000
- 3
- Bedrooms
- 3
- Bathrooms
- 2,600
- Square Feet
- 0.28
- Acres
$469,000
- 5
- Bedrooms
- 3
- Bathrooms
- 2,483
- Square Feet
- 1.39
- Acres
$599,000
- 5
- Bedrooms
- 4
- Bathrooms
- 3,363
- Square Feet
- 0.69
- Acres
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 5148 Spring Street, Flowery Branch, GA 30542 | $764,000 | 8 | 8 | – | 16,552 |
$770,000 | 2 | 1 | – | 19,166 | |
$301,600 | 3 | 3 | 2,079 | – | |
$195,000 | 8 | 8 | – | 43,560 | |
$316,156 | 4 | 2.5 | 2,849 | 6,098 | |
$206,000 | – | – | 3,632 | 20,038 | |
$158,000 | 8 | 8 | – | 32,670 | |
$298,125 | 4 | 3 | – | – | |
$298,125 | 4 | 3 | – | – | |
$250,000 | – | – | 3,600 | 18,731 | |
$225,000 | – | 0.5 | 3,696 | 16,988 | |
$13,750 | – | – | – | 50,529 | |
$430,000 | 3 | 3 | 2,375 | 6,098 | |
$286,500 | 3 | 3 | – | – | |
$205,000 | – | – | – | 19,602 | |
$347,500 | 3 | 3 | – | 6,098 |
Explore Nearby Homes
- Sterling on the Lake Homes for Sale
- Tide Water Cove Homes for Sale
- Village at Deaton Creek Homes for Sale
- Water Stone Crossing Townhomes Homes for Sale
- Royal Lakes Homes for Sale
- Trinity Falls Homes for Sale
- Mulberry Homes for Sale
- Georgian Acres Homes for Sale
- Chateau Elan Homes for Sale
- Willow Leaf Homes for Sale
- Mundy Mill Homes for Sale
- Mulberry Park Homes for Sale
- Crawford Oaks Condominiums Homes for Sale
- Rest Haven Homes for Sale
- Downtown Buford Homes for Sale
- Braselton Homes for Sale
- Oakwood Homes for Sale
- Flowery Branch Homes for Sale
- Buford Homes for Sale
- Gainesville Homes for Sale
- Sugar Hill Homes for Sale
- Auburn Homes for Sale
- Hoschton Homes for Sale
- Talmo Homes for Sale
- Cumming Homes for Sale
- Dacula Homes for Sale
- Pendergrass Homes for Sale
- Suwanee Homes for Sale
- Winder Homes for Sale
- Jefferson Homes for Sale
- 30504 Homes for Sale
- 30506 Homes for Sale
- 30507 Homes for Sale
- 30517 Homes for Sale
- 30518 Homes for Sale
- 30519 Homes for Sale
- 30548 Homes for Sale
- 30566 Homes for Sale
- 30041 Homes for Sale
- 30011 Homes for Sale
- 30019 Homes for Sale
- 30501 Homes for Sale
- 30567 Homes for Sale
- 30575 Homes for Sale
- 30534 Homes for Sale
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Red 1 Realty, LLC, Best Team; Red 1 Realty, LLC, Rich Orban
Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS, Tiftarea Board of Realtors.Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS, Tiftarea Board of Realtors is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
