920 Cardinal DR, Gainesville, GA 30501
920 Cardinal DR, Gainesville, GA 30501
920 Cardinal DR, Gainesville, GA 30501
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$1,100,000
Est. payment /mo
0.57 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 7778102

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1935

Annual Tax Amount $561

Tax Year 2025

Lot Size 0.570 Acres

Acres 0.57

Property Sub-Type Triplex

Source First Multiple Listing Service

Property Description

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.

Location

State GA

County Hall

Area None

Lake Name None

Interior

Heating Central

Cooling Central Air

Flooring Luxury Vinyl

Window Features None

Exterior

Parking Features Carport, Driveway

Fence None

Community Features Near Schools, Near Shopping, Near Trails/Greenway

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View City

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 2

Private Pool false

Building

Lot Description Wooded

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Updated/Remodeled

Schools

Elementary Schools Centennial Arts Academy

Middle Schools Gainesville East

High Schools Gainesville

Others

Senior Community no

Tax ID 01045 005001H

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner May Carry

Listing Terms 1031 Exchange, Cash, Conventional, Owner May Carry


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First Multiple Listing Service(FMLS)
Listed by Keller Williams North Atlanta

NEARBY SCHOOL & BUSINESS

Micki Esposito

+1(706) 309-1881

micki@momentousrealty.com

2801 Washington Rd., Ste. 188, Augusta, Ga, 30909, United States

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920 Cardinal DR