2447 NW Old Thompson Bridge Road, Gainesville, GA 30501
← Featured listings

For Sale

2447 NW Old Thompson Bridge Road

Gainesville, GA 30501

Offered at$1,149,900 was $1,540,000

About the home.

Exceptional Lake Lanier income-producing investment opportunity in Gainesville, GA featuring 4 fully completed, 100% occupied Class A condominium units with strong in-place cash flow and built-in rent growth potential. Current unit rents are $2,000, $1,750, $1,800, and $2,000/month. Leases include renewal provisions allowing for potential rent increases of up to 40%, providing additional upside potential as tenants renew, subject to market conditions and buyer verification. Each unit offers approximately 1,440 SF with 3 bedrooms and 3.5 bathrooms, featuring modern construction (2023), functional floorplans, and low-maintenance ownership appeal for long-term investors. The property is within walking distance to Holly Park and offers lake views from the condominium units, enhancing tenant appeal and long-term rental demand. Conveniently located minutes from Lake Lanier, Gainesville retail corridors, dining, medical facilities, and major employment centers, this property offers a rare combination of stabilized income, strong rental demand, and future rent growth potential in one of North Georgia's fastest-growing lake-area markets.

Listing courtesy of eXp Realty.

Details

Garage8-car
BasementFinished
HOA$720/mo
Property taxes$3,866/yr
SewerPublic sewer
  • Basement Finished
  • Garage / parking 8 spaces
  • Heating Central
  • Air conditioning Yes
  • Water / sewer Public water · Public Sewer
  • Neighborhood Hidden Cove
  • County Hall County
  • HOA $8,640 a year
  • Taxes $3,866 (2025)
  • Listed Mar 20, 2026 · 220 days on market
  • Georgia MLS # 10714727

What’s nearby

Around the corner.

© OpenStreetMap contributors

    Get directions → The 10 closest of each by car. Drive times are estimates. Schools shown are nearby, not necessarily the ones this home is zoned for; check attendance zones with the school district.

    Monthly payment

    What it could cost a month.

    Same neighborhood

    Also for sale in Hidden Cove

    See it in person

    Schedule a showing.

    Pick a day and time that works for you and we'll confirm it, usually within the hour. Questions about the home? Call or text anytime.

    Stephen Molloy

    Your Georgia Move agent

    Stephen Molloy REALTOR® · Georgia Move Realty 706.995.7282 stephen@georgiamove.com

    1. Pick a day

    SuMoTuWeThFrSa

    2. Pick a time

    No day or time picked yet

    3. Your details

    Your showing agent: Stephen Molloy

    Listing courtesy of eXp Realty. Listing information from Georgia MLS, updated Sep 9, 2026. Information deemed reliable but not guaranteed; buyers and buyer's agents should verify all details. © 2026 Georgia Multiple Listing Service, Inc. All rights reserved. Equal Housing Opportunity.