$515,000
For Sale

1955 E Lake Drive

Marietta, GA 30066
5 beds | 3 baths | 0.60 acres | #7470850
Browse 30 photos
Type:Purchase
Structure:House
Zone:Residential

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!

  • Interior Details
      • InteriorOther
    • Beds & Baths
      • Bedrooms5
      • Bathrooms3
      • Full Baths3
      • Bedrooms on Main Level3
  • Property Details
      • Lot DescriptionBack Yard, Landscaped
      • Exterior MaterialsRain Gutters, Storage
      • ViewRural
    • Measurements
      • Acres0.6
    • Parking
      • Parking FeaturesCarport, Drive Under Main Level, Level Driveway
      • Parking TypeCarport
  • Construction Details
      • Basement DescriptionDriveway Access, Full
      • Property TypePurchase
      • StyleRanch
      • Basement1
    • Condition
      • Year Built1962
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Sewer Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • Subdivisionna
    • Location
      • High SchoolSprayberry
      • CountyCobb - GA
      • Elementary SchoolKincaid
      • Middle SchoolDaniell
  • Financial Details
      • Original List Price$515,000
      • Taxes Annual$353
  • Other
      • MLS #7470850

Location

Andrea ClouseReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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