2451 NW Old Thompson Bridge Road, Gainesville, GA 30501

Gainesville
Local realty services provided by:ERA Sunrise Realty
2451 NW Old Thompson Bridge Road,Gainesville, GA 30501
$1,499,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cindy laduke
Office: exp realty, llc.
MLS#:7738614
Source:FIRSTMLS

Price summary

  • Price:$1,499,900

About this home

MAJOR SELLER INCENTIVE: Seller will pay the HOA dues on the 4 completed units for 5 YEARS, subject to final contractual terms. Current HOA dues are approximately $180 per month per completed unit, representing approximately $43,200 in potential HOA savings over five years based on current dues. Exceptional income-producing investment property in the Gainesville, GA / Lake Lanier corridor offering 4 completed, 100% occupied Class A condominium units PLUS 5 additional slab-ready condominium development sites in one complete package. The four completed units were built in 2023 and provide approximately 5,760 total SF, with each residence offering approximately 1,440 SF, 3 bedrooms and 3.5 bathrooms. Current rental income totals approximately $7,550 per month / $90,600 annually based on the existing rent roll. The development portion includes 5 existing basement slabs with utilities in place or stubbed to the sites. Seller represents the development sites as permitted and...

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Home facts

  • Year built:2024
  • Subdivision & Development:Hidden Cove
  • Listing ID #:7738614
  • Updated:November 10, 2026 at 02:26 PM

Rooms and interior

  • Flooring:Hardwood

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:2024
  • Lot area:0.01 Acres
  • Lot Features:Wooded
  • Construction Materials:Cement Siding, Concrete
  • Levels:3+ Story

Schools

  • High school:Gainesville
  • Middle school:Gainesville East
  • Elementary school:Enota Multiple Intelligences Academy

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,499,900
  • Tax amount:$3,866 (2025)

Parking

  • Total parking spaces:9
  • Parking description:Detached, Level Driveway, Parking Lot
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