$990,000

Single Family Residence In Cumming

  • 9 Beds
  • 5 Baths
  • 5,013 Sqft
  • 2.73 Ac lot
  • Updated: June 5
  • Source:
    First Multiple Listing Service (FMLS)  MLS#7782796

About the Property

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
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.
  • Property type

    House

  • Year built

    1998

  • Price/sqft

    $197

Features

  • Garage
  • Walk In Closet
  • Basement
  • Privacy
  • High Ceiling
  • Bar
  • Laundry Room

Explore the Area

4580 Hopewell Road, Cumming, Georgia, United States View on Google Maps
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Virtual Properties - Duluth

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Virtual Properties - Duluth
Georgia, United States
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Virtual Properties - Duluth
Duluth, Georgia, United States
View agency profile
Last updated
June 5
First listed
Jun 5
Listing reference
7782796
Listing status
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