Prime investment opportunity with an income-producing apartment on the lower level! This exceptional condo offers a rare chance to own a home with a fully finished, income-generating apartment on the terrace level overlooking the sparkling community pool! Perfectly positioned in an unbeatable in-town Gainesville location, you're just moments from grocery stores, medical facilities, Brenau University, shopping, and incredible dining. Walk to Riverside Park and Publix with ease! The main level welcomes you with a spacious living room, kitchen, and dining area, along with a laundry room, half bath, and a charming glass-enclosed sunroom. Upstairs, you'll find three comfortable bedrooms and a shared bathroom. The terrace level has been thoughtfully designed as an independent rental unit, featuring its own private exterior entrance, a bedroom, full bathroom, laundry, and a fully equipped second kitchen. For those seeking multi-generational living, the interior stairwell could easily be reopened, transforming the space into a seamless in-law suite. Whether you're looking for a smart investment, extra rental income, or a versatile living arrangement, this property is a rare find in Gainesville's thriving market. Don't miss out on this exceptional opportunity!
Active
$315,000
1235 Riverside Dr APT H3, Gainesville, GA 30501
4beds
2,000sqft
Est.:
Condominium
Built in 1969
-- sqft lot
$304,300 Zestimate®
$158/sqft
$250/mo HOA
What's special
- 177 days
- on Zillow |
- 150 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: March 06, 2025 at 10:05pm
Listed by:
Patti Chambers 770-538-4010,
Keller Williams Lanier Partners
Source: GAMLS,MLS#: 10463875

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Sun Room
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Microwave, Refrigerator
- Laundry: In Kitchen
Features
- Roommate Plan, Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Laminate
- Windows: Double Pane Windows
- Basement: Daylight,Finished,Full
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
- Finished area above ground: 1,280
- Finished area below ground: 720
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: None
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Other
- Body of water: None
Lot
- Size: 1,306.8 Square Feet
- Features: Other
Details
- Parcel number: 010075A00047
Construction
Type & style
- Home type: Condo
- Architectural style: Brick Front,Other
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete
- Foundation: Block
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Pool, Near Public Transport, Walk To Schools, Near Shopping
- Security: Smoke Detector(s)
- Subdivision: On Riverside
HOA
- Has HOA: Yes
- Services included: Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Swimming, Trash, Water
- HOA fee: $3,000 annually
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $158/sqft
- Annual tax amount: $345
- Date on market: 2/20/2025
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
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