920 Cardinal Drive, Gainesville, GA 30501
Local realty services provided by:ERA Towne Square Realty, Inc.
920 Cardinal Drive,Gainesville, GA 30501
$1,100,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: karen hilliard, britney javens
Office: keller williams realty north atlanta
MLS#:10774877
Source:METROMLS
Price summary
- Price:$1,100,000
About this home
Owner financing option available. Rare turnkey investment opportunity featuring 3 properties with 4 total homes being sold together as a bundle in the heart of Downtown Gainesville for $1,100,000. Please do not disturb tenants. With three of the four homes currently tenant occupied and the remaining units fully renovated and ready for tenants, this package offers immediate income potential in one of Gainesville's fastest-growing areas. Conveniently located within walking distance to Gainesville High School, downtown Gainesville, restaurants, shopping, and entertainment, these properties provide excellent long-term appreciation and cash flow opportunities. 920 Cardinal Drive features a completely renovated duplex with an upper unit offering 3 bedrooms, 2 baths, and laundry that is currently vacant with projected rent of $1,600 per month. The lower level offers 2 bedrooms, 1 bath, a full kitchen, laundry connections, and is rent-ready with projected rent of $1,500 per month. Also included on the same property is an additional single-family home at 922 Rosewood Drive featuring 2 bedrooms and 1 bath currently tenant occupied at $1,300 per month. 235 Ridgewood Avenue offers a fully renovated 3 bedroom, 2 bath home with granite countertops, stainless steel appliances, and modern finishes throughout, currently rented for $1,800 per month and ideally located near Mellow Mushroom and ongoing downtown Gainesville redevelopment. 1091 Riverside Terrace features a renovated 2 bedroom, 1 bath home with updated kitchen and baths, currently rented for $1,700 per month, and positioned directly behind newly developed townhomes near Longstreet Restaurant. This is a unique opportunity to acquire multiple renovated income-producing properties in prime Downtown Gainesville locations with strong rental demand and future growth potential. Showings by appointment only....
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Home facts
- Year built:1935
- Subdivision & Development:NONE
- Listing ID #:10774877
- Updated:August 27, 2026 at 11:04 AM
Rooms and interior
- Basement Description:Bath Finished, Daylight, Finished, Interior Entry
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1935
- Lot area:0.57 Acres
- Construction Materials:Vinyl Siding
- Levels:2 Story
Schools
- High school:Gainesville
- Middle school:Gainesville East
- Elementary school:Centennial
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,100,000
- Tax amount:$561 (2025)
Parking
- Total parking spaces:2
- Parking description:Carport
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