Share this with your friends
+1-404-635-6769
Keller Williams Realty Atlanta Partners
2447 NW Old Thompson Bridge Road, Gainesville, GA 30501
- $1,149,900
- List Price
- $1,149,900
- Price Change
- ▼ $50,099 1785964284
- MLS#
- 10714727
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi Family, Quadruplex
- Lot Size
- 0.01
- Subdivision
- Hidden Cove
- Basement
- Yes
Property Description
Exceptional Lake Lanier income-producing investment opportunity in Gainesville, GA featuring 4 fully completed, 100% occupied Class A condominium units with strong in-place cash flow and built-in rent growth potential. Current unit rents are $2,000, $1,750, $1,800, and $2,000/month. Leases include renewal provisions allowing for potential rent increases of up to 40%, providing additional upside potential as tenants renew, subject to market conditions and buyer verification. Each unit offers approximately 1,440 SF with 3 bedrooms and 3.5 bathrooms, featuring modern construction (2023), functional floorplans, and low-maintenance ownership appeal for long-term investors. The property is within walking distance to Holly Park and offers lake views from the condominium units, enhancing tenant appeal and long-term rental demand. Conveniently located minutes from Lake Lanier, Gainesville retail corridors, dining, medical facilities, and major employment centers, this property offers a rare combination of stabilized income, strong rental demand, and future rent growth potential in one of North Georgia's fastest-growing lake-area markets.
Additional Information
- Stories
- 3 or More Stories
- Year Built
- 2024
- Parking
- Parking Pad
- Sewer
- Public Sewer
- Elementary School
- Enota
- High School
- Gainesville
- Acres
- 0.01
- Hoa Fee
- $8,640
- Levels
- Three Or More
Listing courtesy of eXp Realty.
© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.