1113 Riverside Terrace
Gainesville, GA 30501
2 beds | 1 bath | 0.27 acres | #7628461
Description
Multifamily Land for Sale | 1113 Riverside Ter, Gainesville, GA 30501
Price: $275,000
Lot Size: 0.27 Acres | Zoning: R-II
Redevelopment Opportunity in Prime Gainesville Location
Unlock the potential of this rare redevelopment property in the heart of Gainesville! This 0.27-acre lot is zoned R-II, allowing for single-family homes, duplexes, townhomes 3 units, condos, or apartments.
Currently improved with a 2-bedroom, 1-bath home built in 1953, the structure is not suitable for occupancy and is being sold as-is for redevelopment purposes.
Property Highlights
R-II Zoning – Multifamily, townhomes, condos, or redevelopment permitted
0.27-acre lot | Sewer connection verified by the City of Gainesville
Seller to provide a new survey
Two new townhomes under construction next door
Assemblage potential – Combine with 1112 Alpine St NE (also for sale) to expand development
Location Advantages
Just minutes from Downtown Gainesville, Northeast Georgia Medical Center, Brenau University, schools, shopping, and Lake Lanier – all major drivers of housing demand.
This property offers an exceptional opportunity for investors, builders, and developers seeking infill projects and growth potential in one of Gainesville’s most active redevelopment corridors. Please note: The conceptual plan applies to 1113 Riverside Ter and 1112 Alpine St. Only three townhomes may be built on 1113 Riverside Ter.
Property Details
- Utility FeaturesElectricity Available, Natural Gas Available, Sewer Available, Water Available
- Elementary SchoolEnota Multiple Intelligences Academy
- Property SubtypeSingle Family Residence
- Middle SchoolGainesville East
- Sewer InformationPublic Sewer
- Basement DescriptionCrawl Space
- High SchoolGainesville
- CountyHall - GA
- Property TypePurchase
- Original List Price$275,000
- MLS #7628461
- MLS #7628461
- Utility SourcePublic
- Taxes Annual$1,039
- Cost275000
- Property ConditionResale
- InteriorOther
- ViewOther
- Lot DescriptionOther
- StyleRanch
- Acres0.27
- Year Built1950
- Bedrooms2
- Bathrooms1
- Full Baths1
- Bedrooms on Main Level2
- Basement1
- Master on Main1
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Lourdes Bartlett (#LBARTLETT)
Listing Office: Progressive Realty, LLC. (#PRLC01)
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