About This Home

This 0-bedroom, 0-bathroom multi-family at 2447 NW Old Thompson Bridge Road in Gainesville, GA is listed for $1,149,900. Built in 2024, on a 0.01 acres lot.

Key Features

  • Built in 2024
  • 0.01 acre lot
  • 3 stories
  • 8 parking spaces

Property Details

3 stories
8 spaces
2024

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$14,790/mo

20% down · 6.5% · 30 years

Principal$832
Interest$4,983
Insurance$335
HOA$8,640

Estimates only. Actual payments may vary.

Location

2447 NW Old Thompson Bridge Road

Gainesville, GA 30501

Hidden Cove

Property Details

Construction

Block

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 2447 NW Old Thompson Bridge Road is listed at $1,149,900. The estimated monthly payment is $14,790 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $8640/month.

Key features include: Built in 2024, 0.01 acre lot, 3 stories, 8 parking spaces.

This property is listed by Cindy Laduke.

CL

Cindy Laduke

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (770) 361-7068 · View on Broker Site

MLS# 10714727· Source: Georgia Multiple Listing Service· 224 days on PropertySimple

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2447 NW Old Thompson Bridge Road, Gainesville, GA 30501

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