1955 E Lake DR, Marietta, GA 30066 - MLS#7470850 - Shawn Delaney

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Shawn Delaney

[email protected] +1(770) 378-7994

$515,000

Est. payment - /mo

5 Beds

3 Baths

2,500 SqFt

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UPDATED:

10/13/2024 12:04 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $206

Subdivision Na

MLS Listing ID 7470850

Style Ranch

Bedrooms 5

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1962

Annual Tax Amount $353

Tax Year 2023

Lot Size 0.600 Acres

Acres 0.6

Property 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!

Location

State GA

County Cobb

Lake Name None

Rooms

Bedroom Description Split Bedroom Plan

Other Rooms None

Basement Driveway Access, Full

Main Level Bedrooms 3

Dining Room Great Room

Bedroom Other

Interior

Interior Features Other

Heating Central, Electric

Cooling Central Air

Flooring Carpet

Fireplaces Type None

Window Features Insulated Windows

Appliance Electric Oven, Electric Range

Laundry Common Area

Exterior

Exterior Feature Rain Gutters, Storage

Garage Carport, Drive Under Main Level, Level Driveway

Fence None

Pool None

Community Features None

Utilities Available Electricity Available, Sewer Available

Waterfront Description None

View Rural

Roof Type Composition

Street Surface Concrete

Accessibility None

Handicap Access None

Porch None

Total Parking Spaces 4

Private Pool false

Building

Lot Description Back Yard, Landscaped

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories Two

Structure Type Brick 4 Sides

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Kincaid

Middle Schools Daniell

High Schools Sprayberry

Others

Senior Community no

Restrictions false

Tax ID 16073400190

Special Listing Condition None

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Shawn Delaney

+1(770) 378-7994

Agent | License ID: 285391

Agent License ID: 285391

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