Sold
$167,900
4 beds · 1 baths · 1,848 sqft
18 Spring Street, Gainesville, GA 30501
Great deal
Priced about $194,403 (54%) below comparable homes. Estimated market value $362,303, based on 11 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Located in the historic New Holland Mill neighborhood, this two-story traditional home offers excellent investment potential. Conveniently situated near shopping, restaurants and just minutes from downtown Gainesville. Easy access to Highway 365/985. The home requires a complete renovation and is being sold as-is. A great opportunity to bring this property back to life in a sought-after area. Cash offers preferred. Estate owned. No disclosures.
PoolBasementNo HOARenovated
Listing remarks courtesy of The Norton Agency · Sold by Grindle Real Estate Group.
· FMLS #7687564$1,148/mo est.
with $16,790 down · $167,900 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
4
Beds
1
Baths
1,848
Sqft
1900
Built
0.32 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,675/morange $2,500 – $2,85019.1% gross yield
Based on 6 similar rentals within a mile (2 recently leased).
3 bd · 2 ba · 0.1 mi away$1,895/mo2 bd · 2 ba · 0.1 mi away$1,695/mo2 bd · 3 ba · 0.2 mi away$1,725/mo3 bd · 2 ba · 0.9 mi away · leased$1,895/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,197/mo
Principal & interest$980
Property taxes$168
Home insurance$49
Down payment$16,790 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for salePending
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Schools
Sandra Dunagan DealElementary
East HallMiddle
East HallHigh
Location
29 for sale 6 pending 12 sold
Listed by
The Norton Agency · Sold by Grindle Real Estate Group
Source: FMLS · #7687564
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