2451 NW Old Thompson Bridge Road Gainesville, GA $ 1,900,000
2451 NW Old Thompson Bridge Road
$ 1,900,000
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2451 NW Old Thompson Bridge Road

Gainesville, GA, 30501
$ 1,900,000
Baths0.0

Monthly Estimate*

$ 11,997

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Studio

Multi-Family Home for sale in Gainesville, GA

for $1,900,000. This home was built in 2024 on a lot size of 0.01.

Exceptional income-producing investment opportunity in the Lake Lanier corridor of Gainesville, GA. This offering includes four fully completed, 100% occupied Class A condominium units built in 2023, providing immediate cash flow with modern, low-maintenance construction. Each unit features approximately 1,440 square feet with 3 bedrooms and 3.5 bathrooms. Current gross rental income is approximately $90,600 annually based on the existing rent roll. The property offers lake views from the condominium units and is within walking distance of Holly Park and minutes from Lake Lanier, shopping, dining, medical facilities, and major employment centers, making it an attractive long-term investment in one of North Georgia's fastest-growing markets. An additional opportunity is available to purchase five slab-ready condominium sites separately or in combination with the completed units. The development portion includes existing basement slabs, utilities in place, previously issued permits, and civil engineering plans, providing the potential to expand the existing rental portfolio. The four completed condominium units, the five slab-ready condominium sites, or the entire package may be purchased together or separately. Updated leases, rent roll, financial information, permits, and development documentation are available upon request.

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Multi-Family Active

Price

$ 1,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,866

Style

Lot Size

0.01

Year Built

2024

Town/City

Gainesville

County/Region

Hall

MLS | Web ID

7738614

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Phone Available Sewer Available Underground Utilities Water Available
Roof Composition
Security Features None
Construction Materials Cement Siding Concrete
Year Built 2024
View Lake
Levels Three Or More
Property Subtype Other
Tax Year 2025
Parcel Number 01097A000026
Waterfront Features Lake Front
Community Features Lake Near Shopping Near Trails/Greenway
Accessibility None
County Hall - GA
Property Type Residential Income
HOA false
Energy Efficient Appliances
Subdivision Name Hidden Cove
Green Energy Generation None
Status Active
Directions From Downtown Gainesville take Jesse Jewell Pkwy NW to Thompson Bridge Rd. Turn right onto Thompson Bridge Rd and continue approximately 2.5 miles. Turn left onto Old Thompson Bridge Rd NW. Properties are located at 2451 2447 2443 and 2539 NW Old Thompson Bridge Rd.
High School Gainesville
City Gainesville
Body of Water Lanier
Number Of Units Total 9
Elementary School Enota Multiple Intelligences Academy
Property Attached Y/N false
Tax Annual Amount 3866
Home Warranty Y/N false
Middle/Junior High School Gainesville East
Property Condition Resale
Standard Status Active
Tax Lot 6
Freehold IDX
Corporate Owner None
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Interior
Flooring Hardwood
Window Features Double Pane Windows
Total Baths 0
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Exterior
Fencing None
Parking Features Detached Level Driveway Parking Lot
Lot Features Wooded
Water Source Public
Total Parking 9
Lot Dimensions 0x0x0
Lot Size Acres 0.01
Lot Size Source Public Records
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* Excluded Features
List By
Cindy LaDuke

Listing Agent

Exp Realty, Llc.

Broker

cindy@cindysrealtygroup.com

Email

Affordability Calculator

$12,319
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,997
Monthly Property Taxes
$322
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1929245 Elementary School
4308272 Middle School
Gainesville High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2026$1,900,000 -24.00% Price Down
5/5/2026$2,500,000 -28.57% Price Down
3/20/2026$3,500,000 Listed Price

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2451 NW Old Thompson Bridge Road, Gainesville, GA, 30501 is a Multi-Family Home for sale at $1,900,000 with a lot size of 0.01. 2451 NW Old Thompson Bridge Road is a studio with 0.0 baths and was built in 2024. The property's zip code is 30501 which is in Gainesville, GA