Viewing Listing MLS# 401049315

$365,000 | 4 beds | 2 full baths | N/A half baths | N/A sqft

$365,000 No Recent Price Change
5540 Mercedes Drive
Cumming, GA 30041
  • 4Beds
  • 2Full Baths
  • N/AHalf Baths
  • N/A SqFt
  • 1970Year Built
  • 0.33Acres
  • MLS# 401049315
  • Residential
  • Single Family Residence
  • Active

  • Approx Time on Market2 months, 23 days
  • AreaN/A
  • CountyForsyth - GA
  • Subdivision None

Overview

Currently being remodeled. INVESTOR SPECIAL with fabulous LAKE LANIER ACCESS! NO HOA. Great option as primary owner with rental potential for either floor. Very unique opportunity for 2 level home with a total of 4 bedrooms and 2 baths. Originally designed with parking under the main home with stairs up to the 2/1 above. Lower level finished prior to seller's ownership with 3 drives ways poured on corner lot with 2 fixed double car carports and a single fixed carport to allow for tons of parking to property! Sits on one of the larger lots in the neighborhood boasting .33 acres. DIRECTLY ACROSS THE STREET TO THE PRIVATE GATED LAKE ACCESS AND BOAT LAUNCH! Optional POA for lake access. The property has endless opportunities for investment income or as primary residence. Could even add a structure due to lot size! TRULY A MUST SEE at this price! (Tax rolls only reflect the original 4 bed/2 bath but this is (2) 2bed/bath units and square footage is accurate.



Association Fees / Info

Hoa:  No

Community Features:  Lake

Bathroom Info

Main Bathroom Level:  1

Total Baths:  2.00

Fullbaths:  2

Room Bedroom Features:  Split Bedroom Plan

Bedroom Info

Beds:  4

Building Info

Habitable Residence:  No

Business Info

Equipment:  None

Exterior Features

Fence:  Chain Link

Patio and Porch:  Deck

Exterior Features:  Balcony

Road Surface Type:  Gravel

Pool Private:  No

County:  Forsyth - GA

Acres:  0.33

Pool Desc:  None

Fees / Restrictions

Financial

Original Price:  $365,000

Owner Financing:  No

Garage / Parking

Parking Features:  Carport, Kitchen Level

Green / Env Info

Green Energy Generation:  None

Handicap

Accessibility Features:  None

Interior Features

Security Ftr:  None

Fireplace Features:  None

Levels:  Two

Appliances:  Electric Range, Electric Water Heater, Refrigerator

Laundry Features:  Common Area

Interior Features:  Other

Flooring:  Ceramic Tile, Hardwood, Vinyl

Spa Features:  None

Lot Info

Lot Size Source:  Public Records

Lot Features:  Corner Lot, Front Yard

Lot Size:  105x154

Misc

Property Attached:  No

Home Warranty:  No

Open House

Other

Other Structures:  Shed(s)

Property Info

Construction Materials:  Vinyl Siding

Year Built:  1,970

Property Condition:  Resale

Roof:  Tar/Gravel

Property Type:  Residential Detached

Style:  A-Frame

Rental Info

Land Lease:  No

Room Info

Kitchen Features:  Laminate Counters, View to Family Room

Room Master Bathroom Features:  Shower Only

Room Dining Room Features:  Open Concept

Special Features

Green Features:  None

Special Listing Conditions:  None

Special Circumstances:  None

Sqft Info

Building Area Total:  1840

Building Area Source:  Public Records

Tax Info

Tax Amount Annual:  109

Tax Year:  2,023

Tax Parcel Letter:  221-000-313

Unit Info

Utilities / Hvac

Cool System:  Window Unit(s)

Electric:  110 Volts

Heating:  Propane

Utilities:  Electricity Available, Sewer Available, Water Available

Sewer:  Public Sewer

Waterfront / Water

Water Body Name:  None

Water Source:  Public

Waterfront Features:  None

Schools

Elem:  Chattahoochee - Forsyth

Middle:  Little Mill

High:  Forsyth - Other

Directions

Follow GA-400 N/US-19 N to Exit 16 Pilgrim Mill RdTake exit Exit 16 from GA-400 N/US-19 N and turn right.Continue on Pilgrim Mill Rd. Drive to Mercedes Dr and turn right.Arrive at 5540 Mercedes Drive on the right.

Listing Provided courtesy of Mark Spain Real Estate 

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Information was last updated: 11-13-2024 7:12 PM EST est.

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On sharondoverrealestate.com since Wed, Aug 21st 2024
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