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.
Closed
$1,500,000
776 West Ave, Gainesville, GA 30501
--beds
--baths
--sqft
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$--/sqft
$1,445 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 17, 2023 at 09:34am
Listed by:
Alan L. Daniel 404-557-0139,
Re/Max Legends
Bought with:
Jonathan L. Davis, 354252
Atlanta Communities
Source: GAMLS,MLS#: 10206684

Facts & features
Interior
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Total spaces: 20
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Body of water: None
Lot
- Size: 1.15 Acres
Details
- Parcel number: 010002701024C
- Special conditions: Investor Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- Resale
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & neighborhood
Community
- Community features: None
Location
- Region: Gainesville
- Subdivision: Condo Community
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional