Viewing Listing MLS# 408153674

$515,000 | 5 beds | 3 full baths | N/A half baths | N/A sqft

$515,000 No Recent Price Change
1955 E Lake Drive
Marietta, GA 30066
  • 5Beds
  • 3Full Baths
  • N/AHalf Baths
  • N/A SqFt
  • 1962Year Built
  • 0.60Acres
  • MLS# 408153674
  • Residential
  • Single Family Residence
  • Active

  • Approx Time on Market25 days
  • AreaN/A
  • CountyCobb - GA
  • Subdivision Na

Overview

Investment Opportunity: Fully Renovated Home with Cash Flow PotentialDiscover a rare investment opportunity with this stunning, fully renovated home that boasts dual living areas, perfect for maximizing rental income while enjoying your own living space. Located in a vibrant neighborhood, this property is not just a residence but a strategic investment that offers significant cash flow potential.Key Investment Highlights:- **Dual Living Areas:** With separate entrances and fully equipped kitchens on both levels, this home is ideal for multi-generational living or can be easily converted into a dual rental setup. Live in one unit while renting out the other to help offset your mortgage costs.- **Cash Flow Potential:** The flexible layout allows for multiple income-generating options. Rent out the downstairs living area to long-term tenants or consider short-term rentals for additional cash flow, especially given the propertys desirable location.- **Five Bedrooms:** The spacious layout, featuring five well-appointed bedrooms, provides ample room for tenants, making it easy to maximize occupancy and rental income.- **Three Modern Bathrooms:** With three stylish bathrooms, tenant comfort is prioritized, ensuring high demand for rentals in this property.- **New Kitchens and HVAC:** The two brand-new kitchens and efficient HVAC system add significant value, attracting quality tenants who appreciate modern amenities and comfort.- **Location Advantage:** Situated in a sought-after neighborhood with access to schools, parks, and local amenities, this property is poised to attract a wide range of renters, enhancing its investment potential.This property not only serves as a beautiful home but also a smart financial decision. Whether youre looking to generate passive income or accommodate extended family, this fully renovated home offers the best of both worlds. Schedule a showing today and explore the incredible investment potential that awaits!



Association Fees / Info

Hoa:  No

Community Features:  None

Bathroom Info

Main Bathroom Level:  2

Total Baths:  3.00

Fullbaths:  3

Room Bedroom Features:  Split Bedroom Plan

Bedroom Info

Beds:  5

Building Info

Habitable Residence:  No

Business Info

Equipment:  None

Exterior Features

Fence:  None

Patio and Porch:  None

Exterior Features:  Rain Gutters, Storage

Road Surface Type:  Concrete

Pool Private:  No

County:  Cobb - GA

Acres:  0.60

Pool Desc:  None

Fees / Restrictions

Financial

Original Price:  $515,000

Owner Financing:  No

Garage / Parking

Parking Features:  Carport, Drive Under Main Level, Level Driveway

Green / Env Info

Green Energy Generation:  None

Handicap

Accessibility Features:  None

Interior Features

Security Ftr:  None

Fireplace Features:  None

Levels:  Two

Appliances:  Electric Oven, Electric Range

Laundry Features:  Common Area

Interior Features:  Other

Flooring:  Carpet

Spa Features:  None

Lot Info

Lot Size Source:  Owner

Lot Features:  Back Yard, Landscaped

Lot Size:  x

Misc

Property Attached:  No

Home Warranty:  No

Open House

Other

Other Structures:  None

Property Info

Construction Materials:  Brick 4 Sides

Year Built:  1,962

Property Condition:  Updated/Remodeled

Roof:  Composition

Property Type:  Residential Detached

Style:  Ranch

Rental Info

Land Lease:  No

Room Info

Kitchen Features:  None

Room Master Bathroom Features:  Shower Only

Room Dining Room Features:  Great Room

Special Features

Green Features:  Appliances, HVAC, Thermostat

Special Listing Conditions:  None

Special Circumstances:  None

Sqft Info

Building Area Total:  2500

Building Area Source:  Owner

Tax Info

Tax Amount Annual:  353

Tax Year:  2,023

Tax Parcel Letter:  16-0734-0-019-0

Unit Info

Utilities / Hvac

Cool System:  Central Air

Electric:  220 Volts

Heating:  Central, Electric

Utilities:  Electricity Available, Sewer Available

Sewer:  Public Sewer

Waterfront / Water

Water Body Name:  None

Water Source:  Public

Waterfront Features:  None

Schools

Elem:  Kincaid

Middle:  Daniell

High:  Sprayberry

Directions

GPS FRIENDLY

Listing Provided courtesy of Virtual Properties Realty.com 

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Information was last updated: 11-07-2024 7:04 AM EST est.

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On sharondoverrealestate.com since Sat, Oct 12th 2024
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