About 2885 Lakemont Drive Sw
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.
Features of 2885 Lakemont Drive Sw
| MLS® # | 7775525 |
|---|---|
| Price | $615,000 |
| Acres | 0.33 |
| Year Built | 1981 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 2885 Lakemont Drive Sw |
|---|---|
| Subdivision | Lakemont Village |
| City | Marietta |
| County | Cobb - GA |
| State | GA |
| Zip Code | 30060 |
Amenities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Parking Spaces | 6 |
| Parking | Detached, Paved |
| View | Trees/Woods |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Central, Electric |
|---|---|
| Cooling | Ceiling Fan(s), Central Air |
| Fireplace | No |
| Stories | Three Or More |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Windows | None |
| Roof | Composition |
| Construction | Cedar, Frame |
School Information
| Elementary | Norton Park |
|---|---|
| Middle | Floyd |
| High | Osborne |
Additional Information
| Days on Market | 44 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Point Honors and Associates, Realtors |
|---|
