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Timothy Carithers

t.carithers@fidelishomepartners.com +1(706) 818-0813

$ 550,000

Est. payment -/mo

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New

920 Cardinal DR Gainesville, GA 30501

5 Beds

3 Baths

0.57 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

MLS Listing ID 10784110

Style Ranch

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1935

Annual Tax Amount $561

Tax Year 2025

Lot Size 0.570 Acres

Acres 0.57

Lot Dimensions 24829.2

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

Excellent investment opportunity featuring a fully renovated duplex plus an additional single-family home all included in one sale with Owner Financing Available. Sellers also own 2 additional nearby investment properties and would prefer to sell the entire portfolio together, creating an incredible opportunity for investors looking to expand their rental portfolio in Downtown Gainesville. Located at 920 Cardinal Drive and 922 Rosewood Drive in Gainesville, this unique property offers immediate income potential with projected rents totaling approximately $4,400 per month. Conveniently located within walking distance to Gainesville High School, downtown Gainesville, shopping, dining, and entertainment with easy access to major roads and everyday conveniences. No HOA. 920 Cardinal Drive features a completely renovated duplex with the upper unit offering 3 bedrooms, 2 full baths, laundry, updated finishes, and is currently vacant with projected rent of $1,600 per month. The lower level unit offers 2 bedrooms, 1 full bath, full kitchen, laundry connections, and is rent-ready with projected rent of $1,500 per month. Also included on the same property is 922 Rosewood Drive, a separate single-family home featuring 2 bedrooms and 1 full bath currently tenant occupied at $1,300 per month providing immediate rental income. Please do not disturb tenants at 922 Rosewood Drive. Perfect opportunity for investors, house hackers, or owner occupants looking to live in one unit while generating income from the others. Ideal setup for long-term rentals, multigenerational living, or expanding your real estate portfolio in a rapidly growing Gainesville location.

Location

State GA

County Hall

Rooms

Bedroom Description No

Other Rooms Second Residence

Basement Bath Finished, Daylight, Exterior Entry, Finished, Interior Entry

Interior

Interior Features Master On Main Level, Other, Roommate Plan

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Fireplace No

Appliance Range, Refrigerator

Laundry In Basement, In Hall

Exterior

Parking Features Parking Pad

Community Features Walk To Schools, Near Shopping

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description No Dock Or Boathouse

View Y/N Yes

View City

Roof Type Composition

Garage No

Private Pool No

Building

Lot Description Corner Lot

Faces GPS Friendly

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Ranch

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Centennial

Middle Schools Gainesville East

High Schools Gainesville

Others

HOA Fee Include None

Tax ID 01045 005001H

Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, VA Loan

Special Listing Condition Updated/Remodeled

Timothy Carithers

Agent | License ID: 404881

+1(706) 818-0813

Timothy Carithers

920 Cardinal DR Gainesville, GA 30501

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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920 Cardinal DR