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  • $1,500,000

    776 West Ave, Gainesville, GA 30501

    --beds
    0baths
    --sqft
    Other, Residential Income
    Built in 1965
    -- sqft lot
    $1,249,100 Zestimate®
    $--/sqft
    $1,524 Estimated rent

    Home value

    $1,249,100

    $874,000 - $1.92M

    $1,524/mo

    Zestimate® history
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    $1,524/mo

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    $1,524/mo

    Rent Zestimate®

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    $7,466/mo

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    $7,466/mo

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    What's special

    Strong economyShopping centers
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    ALAN DANIEL,

    RE/MAX Legends

    Bought with:

    Jonathan Davis

    Atlanta Communities

    Source: FMLS GA,MLS#: 7280284MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Flooring: Stone
    • Windows: None

    Property

    Parking
    • Total spaces: 9
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: No Dock
    • Fencing: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 1.15 Acres
    • Features: Level
    Details
    • Parcel number: 01027 001024C

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other, Residential Income
    Materials
    • Vinyl Siding
    • Roof: Other
    Condition
    • Resale
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: None
    • Security: None
    • Subdivision: Condo Community
    HOA
    • Has HOA: No
    Location
    • Region: Gainesville

    Financial & listing details

    • Annual tax amount: $1,602
    • Date on market: 9/25/2023
    • Cumulative days on market: 2 days
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/16/2023Sold$1,500,000
    Source: FMLS GA #7280284 Report a problem
    9/28/2023Pending sale$1,500,000
    Source: GAMLS #10206684 Report a problem
    9/25/2023Listed for sale$1,500,000
    Source: GAMLS #10206684 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 30501

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Centennial Arts Academy
    • Middle: Gainesville East
    • High: Gainesville

    Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,249,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,249,100