2885 Lakemont Sw Drive, Marietta, GA 30060

$600,000

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List Price
$600,000
MLS#
7809427
Status
ACTIVE
Type
Multifamily
Subtype
Triplex
Lot Size
0.3255
Subdivision
Lakemont Village

Property Description

Excellent turnkey investment opportunity in a high-demand Marietta location close to I-75, I-285, and minutes from The Battery Atlanta! This solid 3-story triplex sits on a private lot and features three spacious 2-bedroom, 2-bathroom units, each boasting a highly functional floor plan with a separate formal dining room and a cozy fireplace in the living room. The property offers a seamless mix of value-add potential and stability, as some units have been renovated while others remain classic. Professionally managed with seamless operations from day one, the building is occupied by long-term tenants. Perfect for a seasoned investor looking for reliable cash flow with potential rental increases with further renovations, providing the perfect future window to place a new tenant at top market rent, as only 1 of the 3 units have been renovated. Units with this layout and location historically rent quickly. The 3 units are 2885, 2887, and 2889 Lakemont Drive SW.

Additional Information

Stories
Three Or More
Construction
Cedar, Frame
Year Built
1981
Neighborhood Amenities
Near Schools, Near Shopping, Street Lights
Roof
Composition
Lot Dimensions
x
Parking
Detached, Paved
Lot Desc
Corner Lot
Water
Public
Sewer
Public Sewer
Elementary School
Norton Park
Middle School
Floyd
High School
Osborne
Acres
0.33
Levels
Three Or More
Taxes
$4,966

Listing courtesy of Point Honors and Associates, Realtors.

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