2885 Lakemont Drive SW
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.
Broker Details
Point Honors and Associates, Realtors (404) 512-2322
MLS ID: HURTIM
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $600,000 |
| No. of Units: | 3 |
| Year Built: | 1981 |
| Opportunity Zone: | No |
| Price per unit: | $200,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-FMLSGA-7809427
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
503 Granville Street
Oxford, North Carolina
181 N Fairview Avenue
Spartanburg, South CarolinaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout