525 Woodsmill Rd., Gainesville, GA 30501
Photo 1 of 12
$128,735
Sold on 5/15/15
Beds Baths Sq. Ft. Taxes Built
0.00 1,806 $695 1950
On the market: 128 days
View full details, 15 photos, school info, and price history
STURDY LITTLE MONEY MAKER! Perfect opportunity for an investor looking for income property. Well cared for triplex in a popular rental area right in the city. All brick, new $14,000 roof, 3 updated units that offer walking distance to shops, dining, Gainesville High School. Two units currently rented on month to month lease. There has been interest in 3rd unit while improvements being done. At full occupancy, current rent and this price point, equals a 11.42% possible cap rate and a breakeven in under 7 years!
Listing courtesy of Susan Evert & Christine Slate, Southern Realty of North GA, LLC.