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!
Property Features
Bedrooms
- Bedrooms: 4
- Bedrooms On Lower Level: 1
Bathrooms
- Total Bathrooms: 2.5
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
- Full Bathrooms On Lower Level: 1
Interior Features
- Roommate Plan
- Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Laminate
- Window Features: Double Pane Windows
Appliances
- Dishwasher
- Microwave
- Refrigerator
- Laundry Features: In Kitchen
Other Rooms
- Sun Room
- Basement Description: Daylight, Finished, Full
Heating and Cooling
- Cooling Features: Central Air, Electric
- Heating Features: Central, Electric
- Heating: Yes
Land Info
- Lot Size Acres: 0.03
- Lot Size Source: Public Records
- Lot Size Square Feet: 1307
Garage and Parking
Homeowners Association
- Association: Yes
- Association Fee: 3000
- Association Fee Frequency: Annually
- Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Swimming, Trash, Water
- Calculated Total Monthly Association Fees: 250
School Information
- Elementary School: Enota
- High School: Gainesville
- Middle School: Gainesville
Amenities and Community Features
- Community Features: Pool, Near Public Transport, Walk To Schools, Near Shopping
Other Property Info
- Annual Tax Amount: 345
- Source Listing Status: Active
- County: Hall
- Directions: From Downtown Gainesville - Head northeast on Jesse Jewell Pkwy. Left on EE Butler Pkwy, continue onto Green Street. Veer right onto Riverside Drive, then left to stay on Riverside Drive - community on your left. Unit H3 towards the back of the community.
- Tax Year: 2023
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: On Riverside
- Parcel Number: 010075A00047
- Subdivision: On Riverside
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 2000
- Year Built: 1969
- Above Grade Finished Area: 1280
- BelowGradeFinishedArea: 720
- Building Area Source: Owner
- Building Area Total: 2000
- Building Area Units: Square Feet
- Common Walls: 2+ Common Walls
- Construction Materials: Concrete
- Foundation Details: Block
- Levels: Three Or More
- Living Area Source: Owner
- Living Area Units: Square Feet
- Property Age: 56
- Property Attached: Yes
- Property Condition: Resale
- Roof: Composition
- Architectural Style: Brick Front
Utilities
- Electric On Property: Yes
- Sewer: Public Sewer
- Electricity Available
- Sewer Available
- Water Available
- Water Source: Public
Home Features
- Security Features: Smoke Detector(s)
