1955 Lake Drive
Marietta, GA 30066
- 5 beds
- 3 baths
- 2,500 sqft
- ~1/2 acre lot
- $204 per sqft
- 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 Jan 11, 2025
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MLS# 10434172 —
The Building
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Year Built:1962
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Construction Materials:Brick
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Architectural Style:Brick 4 Side
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Structure Type:House
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Roof:Other
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Levels:Two
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Basement:Finished
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Total Finished Area:2500
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Above Grade Finished:1400
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Below Grade Finished:1100
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Living Area Source:Owner
Interior
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Rooms:Other
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Interior Features:Master On Main Level
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Flooring:Vinyl
Financial & Terms
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Home Warranty:No
Location
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Latitude:33.998667
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Longitude:-84.518753
The Property
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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:None
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Lot Size Acres:0.6
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Lot Size Source:Public Records
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Parcel Number:16073400190
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Leased Land:No
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Land Lot:X
Listing Agent
- Contact info:
- Agent phone:
- (770) 495-5050
- 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:5
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Bed Main:3
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Bed Lower Level:2
Baths
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Full Baths:3
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Main Level Full Baths:2
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Lower Level Full Baths:1
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Electricity Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher
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Laundry Features:None
Schools
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Elementary School:Kincaid
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Middle School:Daniell
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High School:Sprayberry
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District:X
The Community
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Subdivision:Homesite
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Community Features:None
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Carport
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Parking Total:4
Monthly cost estimate
Asking price
$510,000
| 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. |
$2,730
|
| Taxes | $47 |
| Insurance | $140 |
| Utilities | $201 See report |
| Total | $3,118/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.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/10/25
Jan 10, 2025
|
Listed / Active | GAMLS | $510,000 | 454.3% (41.3% / YR) |
|
1/3/25
Jan 3, 2025
|
Delisted / Withdrawn | FMLS | ||
|
10/27/24
Oct 27, 2024
|
Listed / Active | GAMLS |
