1955 E Lake Drive
Marietta, GA 30066
- 5 beds
- 3 baths
- ~1/2 acre lot
- 1962 build
- – on site
Fully Renovated Home with Exceptional Cash Flow Potential Step into a rare investment opportunity with this impeccably renovated home, designed to deliver both luxurious living and significant rental income. Nestled in a thriving neighborhood, this property offers dual living areas, making it the perfect choice for savvy investors or homeowners seeking additional cash flow. **Key Features and Investment Highlights:** - **Dual Living Spaces:** This home features separate entrances and two fully equipped kitchens, offering endless flexibility. Perfect for multi-generational living or maximizing rental income—live in one unit and rent out the other to offset mortgage costs. - **Outstanding Cash Flow Potential:** With its versatile layout, this property is primed for multiple income streams. Consider long-term rentals, or capitalize on its prime location with short-term rental options to boost your returns. - **Spacious Layout:** Boasting **five generously sized bedrooms** and **three modern bathrooms,** this home ensures tenant comfort and optimal occupancy, driving rental demand. - **Brand-New Kitchens & Upgraded HVAC:** Two beautifully designed kitchens with new appliances and an efficient HVAC system enhance the property’s value and appeal, attracting quality tenants who appreciate contemporary amenities. - **Prime Location:** Situated in a desirable area with access to top-rated schools, scenic parks, and vibrant local amenities, this property is poised to attract a wide range of renters. Whether you’re an investor seeking a high-performing asset or a homeowner aiming to blend living and income potential, this property offers unmatched versatility and value. Don’t miss the chance to own this dual-purpose gem—schedule a showing today and unlock its full investment potential!
Last checked:
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Last updated Feb 23, 2025
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MLS# 7503887 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1962
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Construction Materials:Brick 4 Sides
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Building Area Source:Owner
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Architectural Style:Ranch
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Levels:Two
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Foundation Details:Slab
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Roof:Shingle
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Basement:Finished
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Common Walls:No Common Walls
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Exterior Features:None
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Window Features:None
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Security Features:None
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Patio And Porch Features:None
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Accessibility Features:Accessible Bedroom
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Green Energy Efficient:None
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Building Area Total:2500
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Above Grade Finished Area:1400
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Below Grade Finished Area:1100
Interior
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Interior Features:Recessed Lighting
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Kitchen Features:View to Family Room
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Dining Room Features:Open Concept
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Flooring:Luxury Vinyl
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Other Equipment:None
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Laundry Features:None
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Fireplace Features:None
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Room Type:Basement
Location
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Directions:google maps
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Latitude:33.998673
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Longitude:-84.518952
The Property
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Parcel Number:16073400190
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Property Type:Residential Detached
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Updated/Remodeled
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Lot Features:Cleared
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Lot Size Acres:0.6
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Lot Size Dimensions:x
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Lot Size Source:Public Records
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View:Neighborhood
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Fencing:None
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Horse Amenities:None
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Other Structures:None
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Waterfront Features:None
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Water Body Name:None
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Road Frontage Type:None
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Road Surface Type:Paved
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Property Attached:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (470) 216-6958
- Office phone:
- (770) 495-5050
Taxes
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Tax Year:2024
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Tax Annual Amount:564
Beds
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Bedrooms Total:5
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Bedroom Features:Master on Main
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Main Level Bedrooms:3
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Lower Level Bedrooms:2
Baths
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Total Baths:3
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Full Baths:3
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Master Bath Features:Double Vanity
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Main Level Baths:2
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Lower Level Full Bathrooms:1
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/1955-E-LAKE-Drive-Marietta-GA-30066/unbranded
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:None
Heating & Cooling
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Cooling:Central Air
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Heating:Central
Utilities
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Utilities:Electricity Available
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Sewer:Public Sewer
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Electric:Other
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Water Source:Public
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Green Energy Generation:None
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Kincaid
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Middle Or Junior School:Daniell
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High School:Sprayberry
The Community
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Subdivision Name:Homesite
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Community Features:None
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Association:false
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Spa Features:None
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Pool Features:None
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Pool Private:false
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Assessment Due Contemplated:false
Parking
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Carport Spaces:4
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Parking Total:4
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Parking Features:Carport
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Carport Garage Total:4
Listing Provided Courtesy of Virtual Properties Realty.com
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Monthly cost estimate

Asking price
$430,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,302
|
Taxes | $47 |
Insurance | $118 |
Utilities | $201 See report |
Total | $2,668/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.