3970 Darryl Lane
Gainesville, GA 30506
- – beds
- – baths
- ~1/2 acre lot
- 1987 build
- – on site
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 Corp’s 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.
Last checked:
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Last updated Apr 25, 2025
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MLS# 7564495 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1987
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Construction Materials:Wood Siding
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# of Units Total:2
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Levels:Two
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Roof:Composition
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Window Features:Insulated Windows
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Security Features:None
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Accessibility Features:None
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Green Energy Efficient:None
Interior
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Furnished:Unfurnished
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Flooring:Luxury Vinyl
Location
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Directions:Take I-985N towards Gainesville. Take exit 24 towards US-129 N. Turn left onto US-129. Turn Right at the intersection with QT, Publix & Chick-fil-A to remain on US-129. You'll turn right to remain on US-129 again in 2 miles. Keep driving for 4 miles - you'll cross over Lake Lanier a couple times. Turn left onto Shope Rd, then immediate right onto James Ed Rd. Take your first right onto Trotter Rd and then Left onto Darryl Ln. 3970/3972 will be on your left backing up to the lake.
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Latitude:34.39288
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Longitude:-83.818831
The Property
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Parcel Number:10142 000035
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Property Type:Residential Income
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Condition:Updated/Remodeled
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Lot Features:Wooded
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Lot Size Acres:0.4
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Lot Size Dimensions:169 x 144
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Lot Size Source:Public Records
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View:Lake
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Fencing:None
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Waterfront Features:Lake Front
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Water Body Name:Lanier
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Water Frontage Length:145
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (000) 000-0000
- Office phone:
- (678) 831-9955
Taxes
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Tax Year:2024
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Tax Annual Amount:2281
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/3970-Darryl-Lane-Gainesville-GA-30506/unbranded
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:Investor Owned
Heating & Cooling
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Cooling:Ceiling Fan(s)
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Heating:Central
Utilities
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Utilities:Cable Available
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Sewer:Septic Tank
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Water Source:Public
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Green Energy Generation:None
Schools
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Elementary School:Mount Vernon
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Middle Or Junior School:North Hall
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High School:North Hall
The Community
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Subdivision Name:Heather Heights
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Community Features:Lake
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Association:false
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Pool Private:false
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Dock:None
Parking
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Parking Total:4
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Parking Features:Driveway
Listing Provided Courtesy of Atlas Real Estate, Inc
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Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
