535 Forrest Ave Gainesville, GA 30501
0.63 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7744074
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1978
Annual Tax Amount $35,932
Tax Year 2025
Lot Size 0.630 Acres
Acres 0.63
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
The property is currently operating at 100% occupancy with rents averaging approximately $1,750 per month, delivering immediate and consistent cash flow from day one. Originally built in 1978 and extensively renovated in 2016, the asset offers modern interiors, including stainless steel appliances and updated finishes, positioning it competitively within the market.
Strategically located on a 0.63-acre site near downtown Gainesville, the property benefits from proximity to major employment centers, retail, dining, and schools, further supporting long-term rental stability. On-site parking and functional layouts enhance tenant retention and overall asset performance.
With strong in-place income, full occupancy, and continued rental demand in the submarket, The Bradford presents investors with a turnkey opportunity and clear upside potential through rent growth and operational efficiencies. This is an ideal acquisition for investors seeking a high-performing asset in a proven North Georgia rental corridor.
Location
State GA
County Hall
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Laminate, Vinyl
Window Features Insulated Windows
Exterior
Parking Features Parking Lot, Paved
Fence None
Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights
Utilities Available Cable Available, Electricity Available, Phone Available, Water Available
Waterfront Description None
View Y/N Yes
View City
Roof Type Asbestos Shingle
Accessibility Accessible Bedroom, Accessible Closets, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s)
Handicap Access Accessible Bedroom, Accessible Closets, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s)
Total Parking Spaces 9
Private Pool false
Building
Lot Description Corner Lot
Story Multi/Split
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
Structure Type HardiPlank Type
Construction Status Updated/Remodeled
Schools
Elementary Schools Centennial Arts Academy
Middle Schools Gainesville East
High Schools Gainesville
Others
Senior Community no
