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$1,799,999
128 Days On Site

2451 NW Old Thompson Bridge Road
Gainesville, GA 30501

For Sale|Residential Income|Active
0
Beds
0
Total Baths
2024
Built
Subdivision:
Hidden Cove
County:
Hall
Listing Courtesy Of: Cindy LaDuke of EXP Realty, LLC. Broker: 888-959-9461 Prefer Ph#:cindy@cindysrealtygroup.com
Call Now: 770-633-5666
Is this the listing for you? We can help make it yours.
770-633-5666
2451 NW Old Thompson Bridge Road2451 NW Old Thompson Bridge Road2451 NW Old Thompson Bridge Road2451 NW Old Thompson Bridge Road
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Exceptional income-producing investment opportunity in the Lake Lanier corridor of Gainesville, GA. This offering includes four fully completed, 100% occupied Class A condominium units built in 2023, providing immediate cash flow with modern, low-maintenance construction. Each unit features approximately 1,440 square feet with 3 bedrooms and 3.5 bathrooms. Current gross rental income is approximately $90,600 annually based on the existing rent roll. The property offers lake views from the condominium units and is within walking distance of Holly Park and minutes from Lake Lanier, shopping, dining, medical facilities, and major employment centers, making it an attractive long-term investment in one of North Georgia's fastest-growing markets. An additional opportunity is available to purchase five slab-ready condominium sites separately or in combination with the completed units. The development portion includes existing basement slabs, utilities in place, previously issued permits, and civil engineering plans, providing the potential to expand the existing rental portfolio. The four completed condominium units, the five slab-ready condominium sites, or the entire package may be purchased together or separately. Updated leases, rent roll, financial information, permits, and development documentation are available upon request.

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Listing Snapshot
Price 
$1,799,999
Days On Site 
128 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.01 Acres
Year Built 
2024
MLS® Number 
7738614
Status 
Active
Property Tax 
$3,866
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoPrice changed to $1,799,999
6 days agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.01
Green Energy Efficient 
Appliances
Levels 
Three Or More
Parking 
DetachedParking LotDriveway
Parking Spaces 
9
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity AvailablePhone AvailableSewer AvailableUnderground UtilitiesWater Available
Water Source 
Public
Interior Features
Cooling 
Central Air
Flooring 
Hardwood
Heating 
Central
Window Features 
Double Pane Windows
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Exterior Features
Construction Details 
Cement SidingConcrete
Exterior 
Dock
Fencing 
None
Frontage 
0
Lot Features 
Wooded
Roof 
Composition
View 
Lake
Waterfront 
Yes
Waterfront Features 
Lake Front
Waterview 
Lake
Windows/Doors 
Double Pane Windows
Community Features
Community Features 
Lake
Financing Terms Available 
1031 ExchangeCash
Schools
School District
Unknown
Elementary School
Enota Multiple Intelligences Academy
Middle School
Gainesville East
High School
Gainesville
Listing Courtesy Of: Cindy LaDuke of EXP Realty, LLC. Broker: 888-959-9461 Prefer Ph#:cindy@cindysrealtygroup.com

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Neighborhood & Commute
Source: Walkscore
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