☎︎ (706) 879-1813
Property Overview
List Price $349,000
0
24 E Main Street Gainesville, GA 30501

Description

Investor opportunity – cash-flowing duplex priced to sell. Property features two 3BR / 1BA units currently tenant occupied with strong in-place rents of $1,650 per unit ($3,300 monthly / $39,600 annually). Extensive updates completed in 2024, including new roof, plumbing, ductwork, appliances, flooring throughout, and tile showers, helping minimize near-term maintenance and making the units highly attractive to tenants. Large three-bedroom layouts support strong rental demand in the Gainesville market. No appraisal contingency due to strong cash flow. Property is tenant occupied – do not disturb tenants. Showings will be scheduled only after proof of funds is provided. Excellent opportunity for investors seeking immediate income.

Property Basics

Location Gainesville, GA 30501
Property Type Residential Income — Duplex
Status Active
Year Built 1900
Days on Market 40

Key Features

Cooling Central Air
Heating Heat Pump
Pool
Fireplaces

Additional Details

Lot Size 0.34 acres
Total Units 2
Price per Unit $174,500
Cap Rate 9.94%

Financial Overview

Gross Income $39,600
Net Operating Income $35,700
Annual Taxes $2,313

Listing provided by: SUSAN AYERS, Clickit Realty • 678-344-1600

Information is deemed reliable but not guaranteed. Verify all details independently.

Data last updated: April 23, 2026 at 1:56 PM EDT
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