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1235 Riverside Drive; Gainesville, GA 30501

$315,000

2,000 Sq Ft
4 Bedrooms
2 Bathrooms
1 Half Baths
None
7528280
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!
Key Facts
  • Style:
  • Year Built: 1969
  • Status: Active
Schools
  • Elementary School: Enota Multiple Intelligences Academy
  • Middle School: Gainesville East
  • High School: Gainesville
Bedrooms
  • Beds Total: 4
Bathrooms
  • Baths Full: 2
  • Baths Half: 1
  • Master Bath Features: Tub/Shower Combo

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Private & Public Schools Nearby

  • 2 / 5
    Below
    Avg

    Enota Multiple Intelligences Academy
    1340 EAST ENOTA AVENUE; Gainesville, GA 30501
    Public PK-5th  |  659 students
    Metro Atlanta School Rank: 647th
  • 2 / 5
    Below
    Avg

    Gainesville High School
    830 CENTURY PLACE; Gainesville, GA 30501
    Public 9th-12th  |  2,125 students
    Metro Atlanta School Rank: 302nd

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Listing Provided Courtesy Of: Keller Williams Lanier Partners
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Listing information last updated on June 1, 2025
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