Photo 1 of 24
$738,000
Sold on 12/20/23
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
|
2023 |
On the market:
83 days
|
View full details, 15 photos, school info, and price history
**Overview:**
Welcome to a rare investment opportunity in the picturesque city of Gainesville, Georgia. These three brand-new construction homes, located at 6590, 6600, and 6610 Old Still Trail, offer a consistent and lucrative source of rental income. All three homes share an identical floor plan, boasting 2 bedrooms, 2.5 bathrooms, and a spacious 1,200 square feet of contemporary living space. With all units currently rented at $1,800 per month, and leases extending until August 2024, this is an investor's dream come true.
**New Construction:** These homes are practically brand new, ensuring low maintenance and modern amenities.
**Spacious Layout:** Each home offers a generous 1,200 square feet of living space, making them comfortable and accommodating.
**Two Bedrooms:** Ideal for small families, roommates, or professionals seeking extra space.
**Two and a Half Bathrooms:** Ensuring convenience and privacy for occupants.
**Income Potential:** With all units already rented for $1,800 per month, you can enjoy immediate returns on your investment.
**Long-Term Rental Agreements:** Leases extend until August 2024, providing stability and income predictability.
**One-Year Prepaid Rent:** One of the tenants has prepaid rent for an entire year, adding to the financial security of this investment.
**Location:**
Nestled in the serene and sought-after area of Gainesville, Georgia, these homes are conveniently located on Old Still Trail. Situated in a line, they offer a unique opportunity for investors to own adjacent properties. This area boasts a harmonious blend of suburban tranquility and accessibility to urban amenities.
**Investment Opportunity:**
With the current rental agreements and the potential for appreciation in this thriving market, these three homes present a remarkable investment opportunity. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a hassle-free income source, these properties tick all the right boxes.
Don't miss out on this chance to own three new construction homes with a guaranteed income stream. Contact us today to schedule a viewing or gather more information about this exceptional investment opportunity in Gainesville, Georgia.
Listing courtesy of Gabriel Gravitt & Rex E Gravitt, Landmark Realty Associates, Inc. & Landmark Realty Associates, Inc.