6590 Old Still Trail
6590 Old Still Trail
$738,000
6
6
3
—
—
—
Closed 12/20/23
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.
- Listed by Gabriel Gravitt • Landmark Realty Associates, Inc.
- Listed by Rex E Gravitt • Landmark Realty Associates, Inc.
Property Details for 6590 Old Still Trail
Subdivision Complex
Crystal Cove
Parking FeaturesDriveway
Property AttachedNo
Waterfront FeaturesNone
Location
LISTING UPDATED: 01/02/2024 01:39 PM
Property Details for 6590 Old Still Trail
Status | Closed |
---|---|
MLS # | 7282421 |
Days on Market | 35 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Other |
Year Built | 2023 |
Lot Size | 0.26 AC / 11,325 SF |
County | Forsyth County |
Location
Building Information for 6590 Old Still Trail
Stories2Residences3Year Built2023Building Size-Lot Size0.26 AC / 11,325 SF
Payment Calculator
$4,160 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 6590 Old Still Trail
Property History for 6590 Old Still Trail
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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