1. Georgia
  2. Gainesville
  3. 1113 Riverside Terrace
$275,000

1113 Riverside Terrace, Gainesville, GA 30501

  • 2 beds |
  • 1 bath
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

FOR SALE 1113 Riverside Terrace, Gainesville, GA 30501 Price: $275,000 0.27 Acres Zoned R-II Investor Opportunity Unlock the potential! This 2-bedroom, 1-bath home, built in 1950, sits on a 0.27-acre lot in one of Gainesville's most dynamic redevelopment areas. The property is zoned R-II, which allows for single-family homes, duplexes, townhomes, condos, and apartments-making it a prime opportunity for builders, developers, or savvy investors. Please note: The home has fire damage in the kitchen and will require significant work. Options include renovation, rebuilding, or a complete tear-down to construct new. Even better: This lot can be combined with the adjacent property at 1112 Alpine St, which is also for sale-providing expanded possibilities for larger-scale residential development. Key Features: 2 Bedrooms 1 Bathroom Built in 1950 0.27-Acre Lot Zoning: R-II - Ideal for Multifamily or Mixed Residential Use Connected to Sewer (confirmed by the City of Gainesville) Fire Damage Present - Sold As-Is Seller Will Provide a New Survey Two Apartment Buildings Under Construction Next Door Prime location-just minutes from Downtown Gainesville, Lake Lanier, Brenau University, and Northeast Georgia Medical Center. Easy access to parks, shopping, and major highways. Investment Potential: Whether purchased alone or combined with 1112 Alpine St, this property offers a rare chance to build in an area experiencing rapid residential growth. Contact us today to explore this opportunity or schedule a private site tour!

Listing Status:
Active
Date Added:
July 31, 2025 at 05:00AM
Listing Office:
Progressive Realty, LLC. : 770-867-6821
Listing Agent:
Lourdes Bartlett : 770-867-6821
MLS ID:
7628461
  • General: Other
  • Rooms: AtticOther
  • Appliances: Other
  • Laundry: In Hall
  • Basement: Crawl Space
  • Flooring: Hardwood
  • A/C: Central Air
  • Heating: Natural Gas
  • Fireplace: Fireplaces: 0
  • Disability Feature: None
  • Eco/Green Feature: NoneNone

This listing courtesy of Lourdes Bartlett, Progressive Realty, LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Enota Multiple Intelligences Academy

1340 Enota Ave NE, Gainesville, GA, 30501

Grades PK-5

0.51 miles away

G

Gainesville Middle School East Campus

1581 Community Way, Gainesville, GA, 30501

Grades 6-8

1.27 miles away

G

Gainesville High School

830 Century Pl, Gainesville, GA, 30501

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.