1955 East Lake Drive
Description
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...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. 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. 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. 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. 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. 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!
- Listed by Yadira Cruz • Virtual Properties Realty.com
Property Details for 1955 East Lake Drive
Property Details for 1955 East Lake Drive
| Status | Active |
|---|---|
| MLS # | 7470850 |
| Days on Market | 75 |
| Taxes | $353 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1962 |
| Lot Size | 0.60 AC / 26,136 SF |
| County | Cobb County |
Building Information for 1955 East Lake Drive
Property Information for 1955 East Lake Drive
- Community Features: None
- Directions: GPS FRIENDLY
- Lake Name: None
- View: Rural
- Coordinates: -84.518952, 33.998673
- Parcel Number: 16073400190
- Tax Year: 2023
- Master Association Fee: $.00
- HOA Rent Restrictions: No
- Association: No
- Tax Legal Description: 16-0734-0-019-0
- Elementary School: Kincaid
- High School: Sprayberry
- Middle School: Daniell
- Virtual Tour Link PP: https://www.propertypanorama.com/1955-E-Lake-Drive-Marietta-GA-30066/unbranded
- # of Carport Spaces: 4
- Open Parking: Yes
- Cooling: Central Air
- Heating: Central, Electric
- Appliances: Electric Oven, Electric Range
- Basement: Driveway Access, Full
- Fireplace Features: None
- # of Fireplaces: 0
- Flooring: Carpet
- Interior Features: Other
- Levels/Stories: Two
- Other Equipment: None
- Window Features: Insulated Windows
- Bedroom Features: Split Bedroom Plan
- Diningroom Features: Great Room
- Kitchen Features: None
- Master Bathroom Features: Shower Only
- Foundation: Slab
- Main Bedrooms: 3
- Total Half Baths: 0
- Bathrooms Total Interger: 3
- Main Full Baths: 2
- Additional Rooms: Other
- Bathrooms Total Decimal: 3.00
- Accessibility Features: None
- Construction Materials: Brick 4 Sides
- Fencing: None
- Horse Amenities: None
- Patio And Porch Features: None
- Pool Features: None
- Road Surface Type: Concrete
- Roof Type: Composition
- Security Features: None
- Spa Features: None
- Laundry Features: Common Area
- Pool Private: No
- Road Frontage Type: Private Road
- Other Structures: None
- Sewer: Public Sewer
- Utilities: Electricity Available,Sewer Available
- Water Source: Public
- Electric: 220 Volts
- Home Warranty: No
- Property Condition: Updated/Remodeled
- Green Energy Efficient: Appliances, HVAC, Thermostat
- Green Energy Generation: None
- SqFt Source: Owner
- Square Footage: 2500.0
- Common Walls: No Common Walls
- Lot Features: Back Yard, Landscaped
- Acreage Source: Owner
- Land Lease: No
- Occupant Types: Vacant
Property History for 1955 East Lake Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1955 East Lake Drive
Schools near 1955 East Lake Drive
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Kincaid Elementary School PublicPK to 5 | ||
Daniell Middle School Public6 to 8 | ||
Sprayberry High School Public9 to 12 | ||
Pearson Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Virtual Properties Realty.com, Yadira Cruz
Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
