$990,000
Investor's dream in highly desirable Forsyth County! This rare income-producing property sits on 2.73+/- private acres with A1 Agricultural zoning and offers multiple income streams, flexible use potential, and long-term upside in one of North Georgia's fastest-growing areas. Conveniently located near Coal Mountain, North Georgia Premium Outlets, and just minutes from Georgia State Route 400 for easy commuting, shopping, dining, and entertainment. Main Residence: 5 Bedrooms, 3 Bathrooms Approximately 2,688 sq. ft. 4-side brick Metal Roof Additional Living Spaces: Basement Apartment #1: 2 Bed / 1 Bath - Approx. 1,178 sq. ft. Basement Apartment #2: 2 Bed / 1 Bath - Approx. 1,147 sq. ft. Income Potential - Current rental income already in place: Two basement apartment tenants generating income Additional tenant occupying the on-site workshop Current combined rental income: $3,800/month Additional Seller Leaseback Opportunity Seller willing to lease back the main home for $2,400/month Projected total monthly income: $6,200/month from day one Flexible Purchase Options: Seller willing to deliver the property in any of the desired states - 1/ Fully vacant, 2/ Partially vacant with the main house vacant and basement and workshop tenants in place 3/ Fully occupied with the seller staying back and paying rent for a couple of years! Land & Agricultural Features: 2.73+/- Acres A1 Agricultural Zoning Private Well - No Need for City Water Functional Workshop 10 Goats Currently on Property Excellent setup for: Homesteading Hobby farming Multi-generational living Income-producing investment Small business or agricultural use Area Growth & Investment Upside This opportunity is surrounded by strong growth and rising property values in Forsyth County. Nearby Comparable Support: Adjacent property at 4630 Hopewell Rd sold for $1.3M in 2021 Currently valued at over $1.7M Located within an area known for: Top-rated Forsyth County schools Strong buyer demand Expanding commercial and residential development Increasing land values Properties offering acreage, income potential, agricultural flexibility, and proximity to GA-400 are becoming increasingly difficult to find.
9
Beds
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5
Baths
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10779069
MLS
4580 Hopewell Road, Cumming
Listing courtesy of Virtual Properties Realty.com.
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