4302 Franklin Goldmine RD, Cumming, GA 30028
4302 Franklin Goldmine RD, Cumming, GA 30028
4302 Franklin Goldmine RD, Cumming, GA 30028
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
$1,800,000
Est. payment /mo
11.6 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10698306

HOA Y/N No

Annual Tax Amount $7,259

Tax Year 2025

Lot Size 11.600 Acres

Acres 11.6

Lot Dimensions 11.6

Property Sub-Type Residential Lot

Source Georgia MLS 2

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

Rooms

Bedroom Description No

Other Rooms Barn(s), Other, Outbuilding, Shed(s), Stable(s)

Interior

Fireplace No

Exterior

Fence Wood

Community Features None

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

View Y/N No

Private Pool No

Building

Lot Description Level, Pasture, Private

Faces Driving North on 400. Take exit 12B for McFarland Parkway. Right onto Union Hill Rd. Continue on Mullinax Rd. Continue on Post Road. Left onto I-20. Right onto Franklin Goldmine Rd.

Sewer Septic Tank

Water Public

New Construction No

Schools

Elementary Schools Pooles Mill

Middle Schools Liberty

High Schools West Forsyth

Others

Tax ID 009 023

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Georgia MLS - GAMLS
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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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4302 Franklin Goldmine RD