REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Frank Farkas

frank.farkas2@gmail.com +1(678) 442-1509

$2,400,000

Est. payment - /mo

0.63 Acres Lot

Save

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

Introducing 535 Forrest Avenue, “The Bradford,” a rare opportunity to acquire a fully stabilized, income-producing multifamily asset in the rapidly growing Gainesville market. This approximately 10,800-square-foot property consists of nine well-designed residential units with an ideal mix of two- and three-bedroom floor plans, catering to strong tenant demand in the area.

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

Special Circumstances Corporate Owner

Read Less Info

Listed by Resource Brokers, LLC.

Nearby School & Business

Get More Information

Frank Farkas

+1(678) 442-1509

Managing Partner - Realtor License ID: 174175

535 Forrest Ave Gainesville, GA 30501

Frank Farkas

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information