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Off market
  • $249,600

    1151 E Ridge Rd, Gainesville, GA 30501

    --beds
    0baths
    1,221sqft
    MultiFamily
    Built in 1965
    -- sqft lot
    $249,600 Zestimate®
    $204/sqft
    $1,572 Estimated rent

    Home value

    $249,600

    $217,000 - $287,000

    $1,572/mo

    Zestimate® history
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    $1,483/mo

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    What's special

    Ready to generate positive cash flow? Buy these five mobile homes and two houses on nearly 5 acres in central Gainesville area. Currently generates $3,000 month gross rent. Each unit could rent for more with some upkeep. This listing includes three addresses: 1145 East Ridge Road; 1147 East Ridge Road; and 1151 East Ridge Road. Tax parcels: 00059000007; 00059000009; 00059000010. Owner has made his money and is ready to pass this revenue generator to a new owner. Possible owner financing. Motivated seller. Separate electric for each unit. Three shared water meters, five septic tanks. Sold AS IS. No Seller's Disclosure.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • None
    Cooling
    • Other
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 1,221 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 4.54 Acres
    Details
    • Parcel number: 00059000010

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Other
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1965

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public Water

    Community & neighborhood

    Location
    • Region: Gainesville

    Other

    Other facts
    • Sewer: Septic Tank
    • Heating: Other, See Remarks
    • HeatingYN: true
    • CoolingYN: true
    • ConstructionMaterials: See Remarks
    • NumberOfUnitsTotal: 7
    • Cooling: Other
    • PropertyCondition: Fixer
    • StructureType: Multi Family
    • FarmLandAreaSource: Public Record
    • LotDimensionsSource: Public Records
    • WaterSource: Public Water
    • BeastPropertySubType: Multifamily
    • MlsStatus: Back On Market

    Price history

    DateEventPrice
    2/11/2021Sold$150,000-39.8%$123/sqft
    Source: Public Record
    11/18/2019Listing removed$249,000$204/sqft
    Source: Sunshine Brokers, Inc. #8546765
    11/18/2019Listed for sale$249,000$204/sqft
    Source: Sunshine Brokers, Inc. #8546765
    11/12/2019Pending sale$249,000$204/sqft
    Source: Sunshine Brokers, Inc. #8546765
    4/14/2019Listed for sale$249,000$204/sqft
    Source: Common Grounds Realty Group #8546765

    Public tax history

    YearProperty taxesTax assessment
    2024$1,408 -4.8%$55,960 -1.6%
    2023$1,478 +4%$56,880 +8.7%
    2022$1,421 +36.8%$52,320 +48.1%

    Find assessor info on the county website

    Neighborhood: 30501

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gainesville
    • Middle: Gainesville
    • High: Gainesville

    Source: The MLS. 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

    $249,600

    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

    $249,600