1955 Lake Drive Marietta, GA 30066

Single Family Detached MLS #: 7470850 Courtesy Of Virtual Properties Realty

$515,000

5 beds | 3 baths | 2,500 sq ft
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Est. Property Tax: $353
Estimated monthly payments: $2,281/mo.* (recalculate)

Property InformationDescription

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!
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Ranch
  • Lot Size: 0.6 Acres

MAP & DIRECTIONS

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1955 Lake Drive, Marietta, GA 30066
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School Information

1955 Lake Drive, Marietta, GA 30066

Elementary School
Grades KG-5 | Public School
KINCAID ELEMENTARY SCHOOL
Marietta, GA 30066
1410 Kincaid Rd
770.­578.7238
Distance: 0.5 mi
School Rating
A-
Student:Teacher Ratio
13:1
Total Students
600
Middle School
Grades 6-8 | Public School
DANIELL MIDDLE SCHOOL
Marietta, GA 30066
2900 Scott Rd
678.­594.8048
Distance: 1.8 mi
School Rating
B-
Student:Teacher Ratio
16:1
Total Students
969
High School
Grades 9-12 | Public School
SPRAYBERRY HIGH SCHOOL
Marietta, GA 30066
2525 Sandy Plains Rd
770.­578.3200
Distance: 1.5 mi
School Rating
B+
Student:Teacher Ratio
19:1
Total Students
1829
Other Nearby Schools Distance Type Grades School Rating
Sawyer Road Elementary School 1.0 mi Public KG-5 B
Gracepoint School 1.6 mi Private 1-8
Lockheed Elementary School 1.8 mi Public KG-5 D
Bells Ferry Elementary School 2.0 mi Public KG-5 C
The Walker School 2.2 mi Private PK-12
Addison Elementary School 2.4 mi Public KG-5 B+
Blackwell Elementary School 2.7 mi Public KG-5 B-
Carman Adventist School 2.7 mi Private PK-8
St Joseph Catholic School 3.0 mi Private KG-8
George W. Hartmann Center 3.2 mi Public 9-12 F
Murdock Elementary School 3.3 mi Public KG-5 A-
Simpson Middle School 3.3 mi Public 6-8 A-
Mountain View Elementary School 3.4 mi Public KG-5 A
The Garden School 3.4 mi Private PK-7
Zion Baptist Academy 3.4 mi Private PK-KG
Mccleskey Middle School 3.4 mi Public 6-8 C
Marietta First Baptist Chruch The Cee 3.5 mi Private PK-TKG
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Marietta, GA 30066

Median Age: 39.9
Married: 57%
Number of Households: 22,235
Households with Children: 33.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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