1955 E Lake DR Active Save Request In-Person Tour Request Virtual Tour
Marietta,GA 30066
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
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