2228 Lee Street, Gainesville, GA 30504

$269,900
4
BD
2
BA
1,671
SqFt

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List Price
$269,900
Status
ACTIVE
Days on Market
174
Price Change
▼ $15,000 1787946622
MLS#
10770213
Subtype
Residential
Style
Brick 4 Side, Ranch
Year Built
1970
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,671
Lot Size
12,196
Acres
0.28

Property Description

**INVESTMENT OPPORTUNITY WITH RENTAL INCOME POTENTIAL! SUBMIT ANY OFFER!** Welcome to this spacious 4-bedroom, 2-bath home conveniently located in Gainesville, just off Skelton Road, near shopping, dining, schools, parks, Northeast Georgia Medical Center, Downtown Gainesville, and major roadways. This property offers a flexible layout with two separate living areas and excellent potential for homeowners and investors alike. The main portion of the home features inviting living spaces, laminate flooring, a spacious kitchen with ample cabinet space, and comfortable bedrooms filled with natural light. One of the standout features is the separate private-entry living area located at the rear/right side of the home, complete with an additional kitchen, dining area, bedroom, and full bathroom. This versatile arrangement offers added privacy and flexibility for guests, extended household living, or potential rental use. **RENTAL INCOME POTENTIAL:** The two living areas have estimated rental potential of approximately $1,100 per month for one side and $2,200 per month for the other, totaling approximately $3,300 in potential monthly rental income ($39,600 annually). With renovations and improvements, there may be opportunities to achieve higher rental rates, depending on market conditions and property improvements. Rental figures are estimates, not guaranteed income. Buyers should independently verify rental rates, occupancy requirements, zoning, permits, and applicable regulations. Situated on a generous 0.28-acre lot, the property features a spacious backyard, storage building, and covered outdoor area for relaxing or entertaining. **NO HOA!** Whether you're searching for a primary residence with flexible living arrangements or an investment property with income potential, this Gainesville home offers space, convenience, and opportunity. **SELLER IS OPEN TO OFFERS! Schedule your showing today and submit your offer!**

Additional Information

Interior Features
Master On Main Level, Other
Property Description
Brick 4 Side, Ranch
Flooring
Vinyl
Appliances
Range
Heating
Central
Air Conditioning
Central Air
Stories
1 Story
Levels
One
Parking
Parking Pad
Elementary School
Gainesville
High School
Gainesville

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Listing courtesy of Keller Williams Lanier Partners.

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