Gainesville, GA 30501,776 West AVE
Gainesville, GA 30501,776 West AVE
Gainesville, GA 30501,776 West AVE
$1,500,000
Est. payment /mo
$1,500,000
Est.Price: ?

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1.15 Acres Lot
SOLD DATE : 11/16/2023

Key Details

Sold Price $1,500,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Condo Community

MLS Listing ID 10206684

Sold Date 11/16/23

HOA Y/N No

Year Built 1965

Annual Tax Amount $1,602

Tax Year 2022

Lot Size 1.150 Acres

Acres 1.15

Lot Dimensions 1.15

Source Georgia MLS 2

Property Description

Welcome to the heart of Gainesville, Georgia, where a fantastic investment opportunity awaits you. Presenting 776 & 770 West Avenue, two multi-family buildings perfectly situated in the center of the city. This prime location ensures convenience and accessibility to all that Gainesville has to offer. Comprising of 18 one-bedroom units spread across these two buildings, this property is an excellent income-producing asset. With a great rental history, you can rest assured that this investment will continue to generate a steady stream of revenue. The apartments at 776 & 770 West Avenue are thoughtfully designed to provide comfortable living spaces for your tenants. Each unit offers a one-bedroom layout, ensuring privacy and functionality. Interior pictures available upon request. The location of these buildings is truly unbeatable. Being in the center of Gainesville means that your tenants will have easy access to a plethora of amenities and services. From shopping centers and restaurants to parks and entertainment options, everything is just a stone's throw away. Gainesville itself is a vibrant and thriving city, known for its rich history and charming southern hospitality. Its proximity to the beautiful Lake Lanier offers endless opportunities for outdoor recreation, including boating, fishing, and hiking. The city also boasts a strong economy and excellent educational institutions, making it an attractive destination for both residents and investors. Property renovated 1998 per previous owner. Investing in 776 & 770 West Avenue is not only a smart financial move but also a chance to be a part of a thriving community. The demand for rental properties in Gainesville is high, and this property presents an opportunity to capitalize on that demand. Whether you are a seasoned investor looking to expand your portfolio or a first-time buyer seeking a reliable income source, 776 & 770 West Avenue is an investment that should not be missed. Don't wait too long, as opportunities like this are rare. Call now to schedule a viewing and secure your future in the heart of Gainesville, Georgia.

Location

State GA

County Hall

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Off Street

Garage Spaces 20.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 20

Garage No

Private Pool No

Building

Faces I-985 North exist Queen City PKWY then right on Washington St then right to West Ave.

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Centennial

Middle Schools Gainesville

High Schools Gainesville

Others

HOA Fee Include None

Tax ID 010002701024C

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Resale

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Georgia MLS - GAMLS
agent
Kia Chambers

Broker

+1(706) 681-2034 | kiachambers1@gmail.com

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