6590 Old Still Trail

Gainesville, GA 30506

$738,000
Last Sold Price
6
Beds
6
Baths
3
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Overview: Welcome to a rare investment opportunity in the picturesque city of Gainesville, Georgia. These three brand-new construction homes, located at 6590, 6600, and 6610 Old Still Trail, offer a consistent and lucrative source of rental income. All three homes share an identical floor plan, boasting 2 bedrooms, 2.5 bathrooms, and a spacious 1,200 square feet of contemporary living space. With all units currently rented at $1,800 per month, and leases extending until August 2024, this is an investor's...Overview: Welcome to a rare investment opportunity in the picturesque city of Gainesville, Georgia. These three brand-new construction homes, located at 6590, 6600, and 6610 Old Still Trail, offer a consistent and lucrative source of rental income. All three homes share an identical floor plan, boasting 2 bedrooms, 2.5 bathrooms, and a spacious 1,200 square feet of contemporary living space. With all units currently rented at $1,800 per month, and leases extending until August 2024, this is an investor's dream come true. New Construction: These homes are practically brand new, ensuring low maintenance and modern amenities. Spacious Layout: Each home offers a generous 1,200 square feet of living space, making them comfortable and accommodating. Two Bedrooms: Ideal for small families, roommates, or professionals seeking extra space. Two and a Half Bathrooms: Ensuring convenience and privacy for occupants. Income Potential: With all units already rented for $1,800 per month, you can enjoy immediate returns on your investment. Long-Term Rental Agreements: Leases extend until August 2024, providing stability and income predictability. One-Year Prepaid Rent: One of the tenants has prepaid rent for an entire year, adding to the financial security of this investment. Location: Nestled in the serene and sought-after area of Gainesville, Georgia, these homes are conveniently located on Old Still Trail. Situated in a line, they offer a unique opportunity for investors to own adjacent properties. This area boasts a harmonious blend of suburban tranquility and accessibility to urban amenities. Investment Opportunity: With the current rental agreements and the potential for appreciation in this thriving market, these three homes present a remarkable investment opportunity. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a hassle-free income source, these properties tick all the right boxes. Don't miss out on this chance to own three new construction homes with a guaranteed income stream. Contact us today to schedule a viewing or gather more information about this exceptional investment opportunity in Gainesville, Georgia.
  1. Listed by Gabriel Gravitt • Landmark Realty Associates, Inc.
  2. Listed by Rex E Gravitt • Landmark Realty Associates, Inc.

Property Details for 6590 Old Still Trail

Subdivision Complex
Crystal Cove
Parking Features
Driveway
Property Attached
No
Waterfront Features
None

Location

Listing Courtesy of Landmark Realty Associates, Inc., Gabriel Gravitt; Landmark Realty Associates, Inc., Rex E Gravitt

Sold By Landmark Realty Associates, Inc., Gabriel Gravitt

Add your commute
LISTING UPDATED: 01/02/2024 01:39 PM

Property Details for 6590 Old Still Trail

StatusClosed
MLS #7282421
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built2023
Lot Size0.26 AC / 11,325 SF
CountyForsyth County

Location

Listing Courtesy of Landmark Realty Associates, Inc., Gabriel Gravitt; Landmark Realty Associates, Inc., Rex E Gravitt

Sold By Landmark Realty Associates, Inc., Gabriel Gravitt

Add your commute

Building Information for 6590 Old Still Trail

Stories2Residences3Year Built2023Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$4,160 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,028

Property Taxes

$132

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6590 Old Still Trail

Summary
Location and General Information
  • Community Features: None
  • Directions: Turn onto crystal cove trail from highway 53. Then turn onto old still trail from crystal cove trail.
  • Lake Name: None
  • View: Rural, Trees/Woods
  • Coordinates: -83.969157, 34.319919
Taxes and HOA Information
  • Parcel Number: 313 881
  • Association: No
  • Block: 0
  • Tax Legal Description: agent will provide full legal
  • Tax Lot: 277
School Information
  • Elementary School: Chestatee
  • High School: East Forsyth
  • Middle School: Little Mill
Parking
  • Open Parking: Yes
Agent
Payment and Rate
  • Concessions Amt: $.00
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Electric
  • Levels/Stories: Two
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: HardiPlank Type
  • Fencing: None
  • Roof Type: Shingle
  • Security Features: Carbon Monoxide Detector(s)
  • Pool Private: No
Property
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Available,Water Available
  • Water Source: Public
Property and Assessments
  • Assumable: No
  • Home Warranty: No
  • Plat Book: 10420
  • Plat Page: 156
  • Property Condition: New Construction
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 1
  • Land lot: 1268
  • Lot Features: Steep Slope, Wooded
  • Acreage Source: Owner
  • Lot Size Dimensions: 75x150
Multi Family
Multi-Family Information
  • Unit Count: 1
  • NUM OF UNITS: 3
Unit 1
  • Unit Deposit Amount: $5,400.00
  • Unit Electric Included: No
  • Unit Features: Carpeting, Central Air, Dishwasher, Fire Alarm
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 3
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $1,800.00
  • Unit Full Baths: 6
  • Unit Bedrooms: 6
Rental
Rent Information
  • Terms: Other
  • Occupant Types: Tenant

Property History for 6590 Old Still Trail

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6590 Old Still Trail

Taxable ValueLand$9,608Additions$54,916Total$64,524
Tax Record2023$1,588 ($132 / month)
Home Facts
Beds2Total Finished SqFt1,224 SqFtAbove Grade Finished SqFt1,224 SqFtStories2Lot Size11,326 SqFtStyleSingle Family ResidenceYear Built2022ZoningLRCountyFORSYTHAPN313 881Fireplace TypeHas Fireplace

Schools near 6590 Old Still Trail

This home is within Forsyth County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 11
Public - 6 to 12
Rating
School
Distance
Chestatee Elementary School
PublicPK to 5

Little Mill Middle School
Public6 to 8

East Forsyth High
Public9 to 11

Forsyth Virtual Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Landmark Realty Associates, Inc., Gabriel Gravitt; Landmark Realty Associates, Inc., Rex E Gravitt

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.