2447 NW Old Thompson Bridge Road Gainesville, GA 30501
MULTI_FAMILY - Gainesville, GA
Property size:
1,440 SFLot size:
0.01 AcresPrice / SF:
$1,041/SF- Added:
- Mar 20, 2026
- Days on Market:
- 48
- Last Refresh:
- May 6 at 1:06 am
Property Features for 2447 NW Old Thompson Bridge Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 8
- Standard status
- Active
- APN
- 01097A000027
- Size
- 1,440 SF
- Lot size
- 0.01 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3866
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 3
- Number of units
- 4
- Building materials
- Block
Listing agent Cindy Laduke (678) 650-1425
Listing office eXp Realty 1372 Peachtree St NE, Atlanta, GA (888) 959-9461
Listing date Mar 20, 2026
MLS# 10714727
Listing URL
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.
Overview
Lake Lanier Investment Opportunity
This Gainesville, GA property presents an income-producing investment opportunity near Lake Lanier. It features four completed Class A condominium units, which are currently 100% occupied. The property generates approximately $99,000 annually ($8,250/month) with a net operating income of $80,436 and an estimated 5.2% cap rate. Current rents are $2,000, $1,750, $2,000, and $2,500. Leases include renewal provisions allowing for rent increases of up to 40%. Units are trending toward market rents near $2,500/month, projecting total income of approximately $120,000 annually and a potential NOI exceeding $100,000, increasing cap rate into the mid-6% range. Each unit includes 3 bedrooms, 3.5 bathrooms, and approximately 1,440 square feet, with modern finishes and functional layouts. The property is located minutes from Lake Lanier, Gainesville retail corridors, and major employment centers.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Hall
- State
- Georgia
- Longitude
- -83.847344
- Latitude
- 34.335492
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Income-producing Gainesville property near Lake Lanier with growth potential.
Where is this quadplex located?
The property is located at 2447 NW Old Thompson Bridge Road Gainesville, GA.
What is the asking price?
The asking price for this property is $1,499,900.
What are key features of this property?
This property features: Income‑producing investment property with 4 fully occupied Class A condominium units.; Located minutes from Lake Lanier, Gainesville retail, and major employment centers.; Strong in‑place cash flow with approximately $99,000 annual rental income and $80,436 NOI.
