2451 NW Old Thompson Bridge Road, Gainesville, GA 30501

Gainesville
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
2451 NW Old Thompson Bridge Road,Gainesville, GA 30501
$3,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cindy laduke888-959-9461
Office: exp realty, llc.
MLS#:7738614
Source:FIRSTMLS

Price summary

  • Price:$3,500,000

About this home

Exceptional Lake Lanier Class A 9-unit multifamily investment opportunity in Gainesville, GA combining stabilized income with immediate new construction upside. The offering includes 4 fully completed, 100% occupied condominium units generating approximately $99,000 annually ($8,250/month) with a current NOI of $80,436. One unit has recently been re-leased at $2,500/month, supporting continued rent growth. In addition, the property includes 5 shovel-ready Class A condominium units with basement slabs poured, utilities stubbed, and permits approved, allowing for rapid completion within approximately 90 - 120 days. The new units may be configured as: • End units: 4BR / 3.5BA • Interior units: 3BR / 3.5BA + bonus room (2,000 SF) Upon completion of all 9 units, projected income increases significantly, creating a strong value-add and stabilization play in a high-demand rental market near Lake Lanier. Scheduled $800 rent increases per existing unit beginning July/August...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2024
  • Listing ID #:7738614
  • Updated:March 21, 2026 at 10:21 AM

Rooms and interior

  • Flooring:Hardwood

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:2024
  • Lot area:0.01 Acres
  • Lot Features:Wooded
  • Construction Materials:Cement Siding, Concrete
  • Levels:3+ Story

Schools

  • High school:Gainesville
  • Middle school:Gainesville East
  • Elementary school:Enota Multiple Intelligences Academy

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$3,500,000
  • Tax amount:$3,866 (2025)

Parking

  • Total parking spaces:9
  • Parking description:Detached, Level Driveway, Parking Lot
MLS LogoListings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here (https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. ©2026 First Multiple Listing Service, Inc.

New listings near 2451 NW Old Thompson Bridge Road