1955 E Lake Drive Marietta, GA 30066

5 Beds
3 Baths
2,500 Sqft
26,136 Sqft lot
0.60 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1962
Neighborhood: Na
Days on Website: 43

Courtesy of Yadira Cruz, Virtual Properties Realty.com

Description

Investment Opportunity: Fully Renovated Home with Cash Flow Potential Discover 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 property’s 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 you’re 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!

Open House

Property Details and Features

  • Road Frontage Type: "Private Road"
  • Road Surface Type: "Concrete"
  • Appliances: "Electric Oven", "Electric Range"
  • Other Equipment: "None"
  • Basement: "Driveway Access", "Full"
  • 3 full bathrooms
  • 2 main level bathrooms
  • 3 main level bedrooms
  • 3 total bathrooms
  • Bedrooms Total: 5
  • Features: "Split Bedroom Plan"
  • Architectural Style: "Ranch"
  • Building Area Total: 2500
  • Common Walls: "No Common Walls"
  • Construction Materials: "Brick 4 Sides"
  • Levels: "Two"
  • Year Built: 1962
  • Community Features: "None"
  • Cooling: "Central Air"
  • Features: "Great Room"
  • Accessibility Features: "None"
  • Exterior Features: "Rain Gutters", "Storage"
  • Fencing: "None"
  • Features: "None"
  • Flooring: "Carpet", "Luxury Vinyl"
  • Water Body Name: None
  • Waterfront Features: "None"
  • Heating: "Central", "Electric"
  • Second Association Fee: $0
  • Features: "Other"
  • Room Kitchen Features: "None"
  • Features: "Common Area"
  • Current Price: $515,000
  • Days On Market: 1
  • Listing Contract Date: 2024-10-12
  • Mls Status: Active
  • On Market Date: 2024-10-12
  • Price: $515,000
  • Special Listing Conditions: "None"
  • Standard Status: Active
  • City: Marietta
  • County Or Parish: Cobb - GA
  • State Or Province: GA
  • Subdivision Name: na
  • Acres: 0.6
  • Dimensions: x
  • Features: "Back Yard", "Landscaped"
  • Features: "Shower Only"
  • Horse Amenities: "None"
  • Green Energy Efficient: "Appliances", "HVAC", "Thermostat"
  • Green Energy Generation: "None"
  • Carport Spaces: 4
  • Parking Features: "Carport", "Drive Under Main Level", "Level Driveway"
  • Parking Total: 4
  • Features: "None"
  • Other Structures: "None"
  • Property Condition: "Updated/Remodeled"
  • Property Sub Type: Single Family Residence
  • Roof: "Composition"
  • Elementary School: Kincaid
  • High School: Sprayberry
  • Middle Or Junior School: Daniell
  • Security Features: "None"
  • Sewer: "Public Sewer"
  • Features: "None"
  • Tax Annual Amount: $353
  • Tax Parcel Letter: 16-0734-0-019-0
  • Tax Year: 2023
  • Electric: "220 Volts"
  • Utilities: "Electricity Available", "Sewer Available"
  • Water Source: "Public"
  • Features: "Insulated Windows"

This content last updated on November 24, 2024 12:19PM.