2451 NW Old Thompson Bridge Road Gainesville, GA $ 1,599,900
2451 NW Old Thompson Bridge Road
$ 1,599,900
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2451 NW Old Thompson Bridge Road

Gainesville, GA, 30501
$ 1,599,900
Baths0.0

Monthly Estimate*

$ 10,102

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Studio

Multi-Family Home for sale in Gainesville, GA

for $1,599,900. 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

$ 1,599,900

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

10714666

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Underground Utilities
HOA Fee 2160
Association Fee Includes Insurance Maintenance Structure Maintenance Grounds
Construction Materials Concrete
Year Built 2024
Levels Three Or More
Property Subtype Multi Family
Tax Year 2025
Gross Income 99000
Community Features Lake Near Shopping
County Hall
New Construction false
Property Type Residential Income
HOA true
Attached Garage false
Energy Efficient Appliances
MaintenanceExpense 0
Subdivision Name Hidden Cove
Garage Y/N true
Status Price Change
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
Lot Size Units Square Feet
Lot Size Square Feet 435.6
Carport Y/N false
Elementary School Enota
Tax Annual Amount 3866
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Gainesville East
Property Condition Resale
Structure Type Other
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement Finished
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Detached
Water Source Public
Total Parking 21
Lot Size Area 435.6
Lot Size Acres 0.01
Lot Size Source Public Records
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* Excluded Features

Affordability Calculator

$10,424
Per Month
97%
3%
0%
Monthly Principal & Interest
$10,102
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
4134564 Elementary School
4308272 Middle School
Gainesville High School High School
Pricing History
DatePricePrice ChangeDescription
8/20/2026$1,599,900 -1.54% Price Down
8/19/2026$1,624,900 -1.52% Price Down
8/15/2026$1,649,900 -1.49% Price Down
8/11/2026$1,674,900 -1.47% Price Down
8/5/2026$1,699,900 -5.56% Price Down
7/20/2026$1,799,999 -2.70% Price Down
7/17/2026$1,849,999 -2.63% Price Down
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

Map


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2451 NW Old Thompson Bridge Road, Gainesville, GA, 30501 is a Multi-Family Home for sale at $1,599,900 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