Lake Homes Realty
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920 cardinal drive, gainesville ga 30501

Gainesville, GA 30501

$550,000

5 BEDS 3 BATHS
SQFT0.56 AC LOT
Residential - Single Family
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Bedrooms 5
Total Baths 3
Full Baths 3
Acreage 0.57
Status Active
MLS # 10784110
County Hall
More Info
Category Residential - Single Family
Status Active
Acreage 0.57
MLS # 10784110
County Hall
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 not available
Listing
Street
Satellite

Exterior Features

  • Style Ranch
  • Construction Single Family
  • Siding Vinyl Siding
  • Roof Composition
  • Garage Yes
  • Garage Description Parking Pad
  • Water Public
  • Sewer Public Sewer
  • Lot Description Corner Lot

Interior Features

  • Appliances Range, Refrigerator
  • Heating Central
  • Cooling Central Air
  • Basement Bath Finished, Daylight, Exterior Entry, Finished, Interior Entry
  • Living Area SQFT
  • Year Built 1935
  • Stories Two

Neighborhood & Schools

  • Subdivision None
  • Elementary School Centennial
  • Middle School Gainesville East
  • High School Gainesville

Financial Information

  • Parcel ID 01045 005001H

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Keller Williams Realty North Atlanta - klrw181@kw.com
© 2026 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed.
Listing data is current as of 07/25/2026.

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