1113 Riverside Terrace, Gainesville

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!