$1,149,900
2447 NW Old Thompson Bridge Road, Gainesville GA 30501
Gainesville, GA, 30501
Listing Courtesy of: eXp Realty
About this home
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.
- Property type
- Multi Family,Quadruplex
- Year built
- 2024
- Lot size
- 0.01 ac
- HOA
- $8,640
- Annual tax
- $3,866
- MLS #
- 10714727
Recently sold
These are past sales of other homes, not an estimate of this home’s value.
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