Ginna De La Pena, Listing Office: Virtual Properties Realty.com
$6,056
closing credit¹
1955 E Lake Dr Marietta, GA 30066
Property details
About 1955 E Lake Dr
Fully Renovated Home with Exceptional Cash Flow Potential Step into a rare investment opportunity with this impeccably renovated home, designed to deliver both luxurious living and significant rental income. Nestled in a thriving neighborhood, this property offers dual living areas, making it the perfect choice for savvy investors or homeowners seeking additional cash flow. **Key Features and Investment Highlights:** - **Dual Living Spaces:** This home features separate entrances and two fully equipped kitchens, offering endless flexibility. Perfect for multi-generational living or maximizing rental income—live in one unit and rent out the other to offset mortgage costs. - **Outstanding Cash Flow Potential:** With its versatile layout, this property is primed for multiple income streams. Consider long-term rentals, or capitalize on its prime location with short-term rental options to boost your returns. - **Spacious Layout:** Boasting **five generously sized bedrooms** and **three modern bathrooms,** this home ensures tenant comfort and optimal occupancy, driving rental demand. - **Brand-New Kitchens & Upgraded HVAC:** Two beautifully designed kitchens with new appliances and an efficient HVAC system enhance the property’s value and appeal, attracting quality tenants who appreciate contemporary amenities. - **Prime Location:** Situated in a desirable area with access to top-rated schools, scenic parks, and vibrant local amenities, this property is poised to attract a wide range of renters. Whether you’re an investor seeking a high-performing asset or a homeowner aiming to blend living and income potential, this property offers unmatched versatility and value. Don’t miss the chance to own this dual-purpose gem—schedule a showing today and unlock its full investment potential!
Highlights
Summary
- MLS Number: 7503887
- MLS Name: First Multiple Listing Service
- Office Name: Virtual Properties Realty.com
- Office Phone: (770) 495-5050
- Listing Agent: Ginna Delapena
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IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$510,000
1955 E Lake Dr
$6,056
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 23, 2024 | Home Sold | $285,500 |
May 17, 2024 | Home Sold | $245,000 |
Jan 15, 2014 | Home Sold | $92,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $113,068 | $563 |
2022 | $94,980 | $509 |
2021 | $75,828 | $452 |
2020 | $64,788 | $452 |
2018 | $55,472 | $391 |
2017 | $51,792 | $340 |
History based on county public records data.
Nearby schools
7
Kincaid Elementary School
Public District KG-5
0.5 mi
•1410 Kincaid Rd
5
Sawyer Road Elementary School
Public District KG-5
1.0 mi
•840 Sawyer Rd
4
Lockheed Elementary School
Public District KG-5
1.8 mi
•1205 Merritt Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,144. The majority of Marietta, GA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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Frequently asked questions
Living in Marietta, GA
About 1955 E Lake Dr
This home is located at 1955 E Lake Dr in Marietta, GA and zip code 30066. This 2,500 square foot home, which was built in 1962, sits on a 0.60 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 4, 2025 and is currently priced at $510,000.
In December 2024, from all listings sold in Marietta, GA there were more than 71 sold above asking price, over 140 sold below and more than 68 were sold right at the asked price. The number of listings in Marietta, GA decreased by 5.5% between November and December 2024. The median list price of listings available in December 2024 was $476,420, while the average time on the real estate market was 40 days.