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1955 E Lake Drive
Marietta, GA, 30066
$515,000
5 Beds
3 Baths
2,500 SqFt
0.6 Acres
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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!
Listing Provided Courtesy of Virtual Properties Realty.com

Property Details

Price:
$515,000
MLS #:
7470850
Status:
Active
Beds:
5
Baths:
3
Address:
1955 E Lake Drive
Type:
Single Family
Subtype:
Single Family Residence
City:
Marietta
Listed Date:
Oct 12, 2024
State:
GA
Finished Sq Ft:
2,500
Total Sq Ft:
2,500
ZIP:
30066
Year Built:
1962
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Schools

Elementary School:
Kincaid
Middle School:
Daniell
High School:
Sprayberry

Interior

Appliances
Electric Oven, Electric Range
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Luxury Vinyl
Heating
Central, Electric
Laundry Features
Common Area

Exterior

Architectural Style
Ranch
Community Features
None
Construction Materials
Brick 4 Sides
Exterior Features
Rain Gutters, Storage
Other Structures
None
Parking Features
Carport, Drive Under Main Level, Level Driveway
Parking Spots
4
Roof
Composition

Financial

Tax Year
2023
Taxes
$353

Map

Community

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1955 E Lake Drive
Marietta, GA