4302 Franklin Goldmine RD, Cumming, GA 30028
4302 Franklin Goldmine RD, Cumming, GA 30028
4302 Franklin Goldmine RD, Cumming, GA 30028
76
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$1,800,000
Est. payment /mo
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4 Beds
1 Bath
11.6 Acres Lot
Active

4302 Franklin Goldmine RD Cumming, GA 30028

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Key Details

Property Type Vacant Land

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 7724779

Style Mobile,Ranch

Bedrooms 4

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1960

Annual Tax Amount $7,259

Tax Year 2025

Lot Size 11.600 Acres

Acres 11.6

Property Sub-Type Multi Family

Source First Multiple Listing Service

Property Description

Unlock a rare, high-yield investment opportunity with this expansive 11.6-acre multi-residential estate, perfectly positioned for maximum cash flow. This versatile compound features a diverse mix of improvements, including a spacious ranch home, a classic brick residence, multiple mobile homes, a 14-stall barn, and several functional outbuildings. Four residential homes are separate parcels make up this land. Currently operating as a high-occupancy rental with 19 active tenants generating over $11,000 in monthly gross income, this property offers immediate ROI with significant room for further optimization or specialized agricultural use. There are two full pastures that are fully fenced. A horse, goats, chickens and more make up the property with plenty for room to roam. Whether you are looking to expand a rental portfolio or establish a unique live-work homestead, the sheer scale and income-producing history of this Franklin Goldmine Road gem make it a standout acquisition. Located down the road from Publix, restaurants, parks and more. I-20 is expending to accommodate the influx of buyers and residents in the Alpharetta and Cumming area. 15 min from Downtown Cumming, 20 min from Halcyon and so much more. Opportunities are endless for potential residential developments as well.

Location

State GA

County Forsyth

Area None

Zoning A1

Lake Name None

Rooms

Bedroom Description Master on Main

Other Rooms Barn(s), Mobile Home, Outbuilding, Shed(s), Other

Main Level Bedrooms 4

Interior

Equipment None

Exterior

Fence Partial, Wood

Community Features None

Utilities Available Electricity Available, Phone Available, Underground Utilities, Water Available

Waterfront Description None

View Y/N Yes

View Rural, Trees/Woods

Present Use Horses,Multi-Family,Residential

Street Surface Gravel,Paved

Porch Deck

Private Pool false

Building

Lot Description Level, Private

Story One

Architectural Style Mobile, Ranch

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Poole'S Mill

Middle Schools Liberty - Forsyth

High Schools West Forsyth

Others

Senior Community no

Tax ID 009 023

Special Circumstances Investor Owned


First Multiple Listing Service(FMLS)
Listed by REMAX Center

NEARBY SCHOOL & BUSINESS

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Bruce Bochicchio

Bruce Bochicchio

Broker Associate | License ID: GREC#341456, NMLS#2476779

+1(678) 761-5803

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4302 Franklin Goldmine RD