501 Timber Ridge Court

Lawrenceville, GA 30046

$510,000
Price
4
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent investment opportunity! This income-producing property features long-term tenants and a solid 4-sided brick building. Each spacious unit offers 2 bedrooms and 2 baths. With no HOA fees and strong cash flow, this property is a great addition to any portfolio. Please do not disturb tenants—. Conveniently located near Hwy 316 and downtown Lawrenceville, with easy access to hospitals, restaurants, schools, parks, and shopping.Excellent investment opportunity! This income-producing property features long-term tenants and a solid 4-sided brick building. Each spacious unit offers 2 bedrooms and 2 baths. With no HOA fees and strong cash flow, this property is a great addition to any portfolio. Please do not disturb tenants—. Conveniently located near Hwy 316 and downtown Lawrenceville, with easy access to hospitals, restaurants, schools, parks, and shopping.
  1. Listed by Andrew Peters • Real Broker, LLC. • 770-403-9287
  2. Listed by Linda Huynh • Real Broker, LLC.

Property Details for 501 Timber Ridge Court

Subdivision Complex
Forest East
Num Of Parking Spaces
4
Parking Features
Driveway
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 03/01/2025 03:20 PM

Property Details for 501 Timber Ridge Court

StatusActive
MLS #7490632
Days on Market99
Taxes$3,932 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1986
Lot Size0.32 AC / 13,939 SF
CountyGwinnett County

Building Information for 501 Timber Ridge Court

Stories1Residences2Year Built1986Building Size-Lot Size0.32 AC / 13,939 SF

Property Information for 501 Timber Ridge Court

Summary
Location and General Information
  • Community Features: None
  • Directions: GPS Friendly
  • Lake Name: None
  • View: Other
  • Coordinates: -83.975674, 33.940657
Taxes and HOA Information
  • Parcel Number: R5148 296
  • Tax Year: 2023
  • Association: No
  • Tax Legal Description: L16 BB FOREST EAST #5
School Information
  • Elementary School: Simonton
  • High School: Central Gwinnett
  • Middle School: Jordan
Parking
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Basement: None
  • Flooring: Vinyl
  • Levels/Stories: One
  • Window Features: Double Pane Windows
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Dock: None
  • Fencing: None
  • Roof Type: Composition
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Cul-De-Sac, Level
  • Acreage Source: Public Records
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • Unit Count: 2
  • NUM OF UNITS: 2
Unit 1
  • Unit Deposit Amount: $1,800.00
  • Unit Electric Included: No
  • Unit Features: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Wash/Dry Connect, Washer
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Vacant
  • Unit Water Included: No
  • Unit Rent Amount: $1,800.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 2
Unit 2
  • Unit Deposit Amount: $1,700.00
  • Unit Electric Included: No
  • Unit Features: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Wash/Dry Connect, Washer
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $1,700.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 2
Rental
Rent Information
  • Occupant Types: Vacant

Property History for 501 Timber Ridge Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 501 Timber Ridge Court

Taxable ValueLand$17,600Additions$160,240Total$177,840
Tax Record2024$5,691 ($474 / month)
Home Facts
Baths4Total Finished SqFt2,205 SqFtAbove Grade Finished SqFt2,205 SqFtStories1Lot Size13,939 SqFtStyleDuplexYear Built1986ZoningRM12-RES MULTCountyGWINNETTAPNR5148 296Fireplace TypeHas Fireplace

Schools near 501 Timber Ridge Court

This home is within Gwinnett County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Margaret Winn Holt Elementary School
PublicPK to 5

Moore Middle School
Public6 to 8

Central Gwinnett High School
Public9 to 12

Oakland Meadow School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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501 Timber Ridge Court is a multi-family home for sale in Lawrenceville, GA 30046. This property was listed for sale on November 27, 2024 by Real Broker, LLC., it's currently listed at $510,000. It has been on the market for a total of 99 days and was last sold on July 6, 2023. This listing's school district is Gwinnett County School District. Nearby schools include Margaret Winn Holt Elementary School, Moore Middle School and Central Gwinnett High School. 501 Timber Ridge Court is a 4-bed, 4-bath, multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, LLC., Andrew Peters; Real Broker, LLC., Linda Huynh

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.