Prime investment opportunity with an income-producing apartment on the lower level! This exceptional condo offers a rare chance to own a home with a fully finished, income-generating apartment on the terrace level—overlooking the sparkling community pool! Perfectly positioned in an unbeatable in-town Gainesville location, you’re just moments from grocery stores, medical facilities, Brenau University, shopping, and incredible dining. Walk to Riverside Park and Publix with ease! The main level welcomes you with a spacious living room, kitchen, and dining area, along with a laundry room, half bath, and a charming glass-enclosed sunroom. Upstairs, you’ll find three comfortable bedrooms and a shared bathroom. The terrace level has been thoughtfully designed as an independent rental unit, featuring its own private exterior entrance, a bedroom, full bathroom, laundry, and a fully equipped second kitchen. For those seeking multi-generational living, the interior stairwell could easily be reopened, transforming the space into a seamless in-law suite. Whether you’re looking for a smart investment, extra rental income, or a versatile living arrangement, this property is a rare find in Gainesville’s thriving market. Don’t miss out on this exceptional opportunity!
Listing Provided Courtesy of Keller Williams Lanier Partners
Property Details
Price:
$315,000
MLS #:
7528280
Status:
Active
Beds:
4
Baths:
3
Address:
1235 Riverside Drive Unit H3
Type:
Condo
Subtype:
Condominium
Subdivision:
On Riverside
City:
Gainesville
Listed Date:
Feb 20, 2025
State:
GA
Finished Sq Ft:
2,000
Total Sq Ft:
2,000
ZIP:
30501
Year Built:
1969
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Schools
Elementary School:
Enota Multiple Intelligences Academy
Middle School:
Gainesville East
High School:
Gainesville
Interior
Appliances
Dishwasher, Electric Oven, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Electric
Flooring
Carpet, Hardwood, Laminate
Heating
Central, Electric
Laundry Features
Main Level
Exterior
Architectural Style
Other
Community Features
Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Pool
Construction Materials
Brick Front, Cement Siding
Exterior Features
Other
Other Structures
None
Parking Features
None
Parking Spots
1
Roof
Composition
Security Features
Smoke Detector(s)
Financial
HOA Fee
$250
HOA Frequency
Monthly
HOA Includes
Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Swim, Termite, Trash, Water
Tax Year
2023
Taxes
$345
Map
Community
- Address1235 Riverside Drive Unit H3 Gainesville GA
- SubdivisionOn Riverside
- CityGainesville
- CountyHall – GA
- Zip Code30501
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1235 Riverside Drive Unit H3
Gainesville, GA
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