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4 Beds
2 Baths
1,671 sqft

$269,900

2228 Lee Street, Gainesville GA, 30504

Price per sqft$161.52
Built in1970
Property size1,671 sqft
Property typeResidential

Overview

Active

Listed May 22, 2026

Updated 18h ago

**INVESTMENT OPPORTUNITY WITH RENTAL INCOME POTENTIAL! SUBMIT ANY OFFER!** Welcome to this spacious 4-bedroom, 2-bath home conveniently located in Gainesville, just off Skelton Road, near shopping, dining, schools, parks, Northeast Georgia Medical Center, Downtown Gainesville, and major roadways. This property offers a flexible layout with two separate living areas and excellent potential for homeowners and investors alike. The main portion of the home features inviting living spaces, laminate flooring, a spacious kitchen with ample cabinet space, and comfortable bedrooms filled with natural light. One of the standout features is the separate private-entry living area located at the rear/right side of the home, complete with an additional kitchen, dining area, bedroom, and full bathroom. This versatile arrangement offers added privacy and flexibility for guests, extended household living, or potential rental use. **RENTAL INCOME POTENTIAL:** The two living areas have estimated rental potential of approximately $1,100 per month for one side and $2,200 per month for the other, totaling approximately $3,300 in potential monthly rental income ($39,600 annually). With renovations and improvements, there may be opportunities to achieve higher rental rates, depending on market conditions and property improvements. Rental figures are estimates, not guaranteed income. Buyers should independently verify rental rates, occupancy requirements, zoning, permits, and applicable regulations. Situated on a generous 0.28-acre lot, the property features a spacious backyard, storage building, and covered outdoor area for relaxing or entertaining. **NO HOA!** Whether you're searching for a primary residence with flexible living arrangements or an investment property with income potential, this Gainesville home offers space, convenience, and opportunity. **SELLER IS OPEN TO OFFERS! Schedule your showing today and submit your offer!**

$1,796/mo

Est. mortgage payment based on a $269,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10770213

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Taxes
$1,608
Tax Frequency
Annually
Association Fee Frequency
Yearly

Also listed on FMLS

Listed with Keller Williams Lanier Partners

Based on information from Georgia MLS as of 11/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2026 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed. 

Data last updated 3:07 AM UTC, 11/10/2026

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