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$1,100,000

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.

10774877 MLS

920 Cardinal Drive, Gainesville

Listing courtesy of Keller Williams Realty North Atlanta.

$1,100,000

This stately, Colonial-style home located in the heart of Gainesville is a rare gem. The slate roof, graceful architectural details, beautiful hardwood flooring, and tall ceilings are rarely found and make a breathtakingly beautiful home. The main-level floorplan, complete with formal living and dining rooms, a cozy study with wood paneling, two fireplaces, and a bright sunroom lends itself to gracious entertaining for years to come. The handsome primary suite is on the main level, and three additional bedrooms and two bathrooms are upstairs. These walls have witnessed countless gatherings, from holidays to family weddings, and bear witness to a love story of lives well-lived. The jaw-dropping setting is equally as beautiful as the home it holds. A gorgeous brick fence surrounds the perimeter of the property, which boasts mature trees, a variety of flowering shrubs, brick walkways speckled with moss, and over an acre of space, offering privacy and ample room to connect with friends and loved ones. This lovely, convenient in-town retreat is ready for the next stewards to call it their home. Call Beverly today to schedule an appointment.

4 Beds ⋅ 4 Baths ⋅ 10656459 MLS

1606 Riverside Drive, Gainesville

Listing courtesy of Candler Real Estate Group.