Gainesville, GA 30506,6590 Old Still TRL
Gainesville, GA 30506,6590 Old Still TRL
Gainesville, GA 30506,6590 Old Still TRL
Gainesville, GA 30506,6590 Old Still TRL
Gainesville, GA 30506,6590 Old Still TRL
Gainesville, GA 30506,6590 Old Still TRL
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$738,000

$799,900

7.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.26 Acres Lot


SOLD DATE : 12/20/2023

Key Details

Sold Price $738,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Crystal Cove

MLS Listing ID 7282421

Sold Date 12/20/23

Construction Status New Construction

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 2023

Lot Size 0.260 Acres

Acres 0.26

Property Description

**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.

Location

State GA

County Forsyth

Lake Name None

Interior

Heating Electric

Cooling Central Air

Window Features None

Exterior

Parking Features Driveway

Fence None

Community Features None

Utilities Available Electricity Available, Water Available

Waterfront Description None

View Rural, Trees/Woods

Roof Type Shingle

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Steep Slope, Wooded

Story Two

Sewer Septic Tank

Water Public

Level or Stories Two

Structure Type HardiPlank Type

New Construction No

Construction Status New Construction

Schools

Elementary Schools Chestatee

Middle Schools Little Mill

High Schools East Forsyth

Others

Senior Community no

Tax ID 313 881

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by Landmark Realty Associates, Inc.
Bought with Landmark Realty Associates, Inc.
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