2451 NW Old Thompson Bridge Road, Gainesville, GA 30501
Local realty services provided by:ERA Sunrise Realty
2451 NW Old Thompson Bridge Road,Gainesville, GA 30501
$1,674,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: cindy laduke
Office: exp realty, llc.
MLS#:7738614
Source:FIRSTMLS
Price summary
- Price:$1,674,900
About this home
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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Home facts
- Year built:2024
- Subdivision & Development:Hidden Cove
- Listing ID #:7738614
- Updated:August 12, 2026 at 01:37 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:$1,674,900
- Tax amount:$3,866 (2025)
Parking
- Total parking spaces:9
- Parking description:Detached, Level Driveway, Parking Lot
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