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1955 E Lake Drive

Marietta, GA 30066
  • $515,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 10403079
$515,000
  • 5
    BEDS
  • 0.6
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,800
    SQFT
  • $136
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1962
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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 propertyCOs 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 youCOre 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!

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Keller Williams Realty. Data last updated: 2024-12-02T00:09:41.95.
www.teambonds.com/homes/157226225
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1955 E Lake Drive Marietta, GA 30066

  • Price: $515,000
  • Status: Active
  • On Site: 35 Days
  • MLS #: 10403079
5
Beds
3
Baths
0
½ Baths
0.6
Acres
3,800
SQFT
$136
$/SQFT
1962
Built
Neighborhood:
None
County:
Cobb
Area:
Marietta
Elementary School:
Kincaid
Middle School:
Daniell
High School:
Sprayberry
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 propertyCOs 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 youCOre 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!
Exterior Features

Architectural Style Brick 4 SideRanch Carport YN Yes Common Walls No Common Walls Construction Materials Brick Foundation Details Slab Levels Two Lot Features Sloped Lot Size Area 26136 Lot Size Source Owner Lot Size Units Square Feet Parking Features BasementCarport Parking Total 4 Roof Composition Total Number Of Slips 0 View YN No Window Features Double Pane Windows

Interior Features

Above Grade Finished Area 1900 Above Grade Finished Area Units Square Feet Appliances Oven/Range (Combo) Basement Full Below Grade Finished Area 1900 Below Grade Finished Area Units Square Feet Below Grade Unfinished Area 0 Building Area Total 3800 Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Carpet Heating CentralElectric Heating YN Yes Interior Features OtherSplit Bedroom Plan Laundry Features Common Area Living Area Source Owner Living Area Units Square Feet Main Level Bathrooms 2 Main Level Bedrooms 3 Rooms Great RoomOther

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features None Electric 220 Volts Electric On Property YN Yes Green Energy Efficient AppliancesThermostat Home Warranty YN No Land Lease YN No New Construction YN No Property Attached YN No Property Condition Updated/Remodeled Property Sub Type Single Family Residence Sewer Public Sewer Structure Type House Tax Annual Amount 353 Tax Year 2023 Utilities Electricity AvailableSewer Available Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Virtual Properties Realty.com: 770-495-5050. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Keller Williams Realty. Data last updated: 2024-12-02T00:09:41.95.
 
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