Sold
$88,500
3 beds · 1,202 sqft
109 First Street, Gainesville, GA 30501
Great deal
Priced about $211,900 (71%) below comparable homes. Estimated market value $300,400, based on 5 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Great location for investment opportunity. 3 Bedroom, 1 full bath, Separate Laundry room, Kitchen, Dining room, Original Hardwood Floors under carpet, Sold-As-Is, Needs minimal TLC. Leveled Lot, Large Back Porch and Fenced back yard. Bring all offers.
PoolNo HOA
Listing remarks courtesy of VIRTUAL PROPERTIES REALTY · Sold by NON FMLS MEMBER.
· FMLS #5607252$605/mo est.
with $8,850 down · $88,500 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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Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
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Video walkthrough
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Home details
3
Beds
1,202
Sqft
1948
Built
1
Fireplaces
None
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,400/morange $1,300 – $1,50019.0% gross yield
Based on 5 similar rentals within 2 mi (4 recently leased).
Home facts
Payment calculator
$632/mo
Principal & interest$517
Property taxes$89
Home insurance$26
Down payment$8,850 (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
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AI-verified pricing
Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Lyman Hall - HallElementary
West HallMiddle
West HallHigh
Location
16 for sale 2 pending 12 sold
Listed by
VIRTUAL PROPERTIES REALTY · Sold by NON FMLS MEMBER
Source: FMLS · #5607252
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
