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$1,674,900
2451 NW Old Thompson Bridge Road, Gainesville, GA 30501Listing ID 10714666

2451 NW Old Thompson Bridge Road, Gainesville, GA 30501

Active
Hidden Cove
Time on site: 144 daysLast updated: 47 minutes ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Acres
Acres
0.01
Days on Site
Days on Site
144
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
2024
Parking
Parking
Detached

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.

Property Information

Property Details

Location

Address
2451 NW Old Thompson Bridge Road
County
Hall
City
Gainesville
Zip Code
30501
Subdivision
Hidden Cove
High School
Gainesville
Elementary School
Enota

Interior Features

Heating and Cooling

Cooling
Central Air
Heating
Central

Building

Building Information

Year Built
2024
Construction
Concrete
Condition
Resale

Property Taxes

Tax Annual Amount
$3,866
Tax Year
2025

Homeowner Association

HOA Fee
$2,160
eXp Realty, (888) 959-9461
Source: Georgia MLS
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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