Highly functional floor planSeparate formal dining roomPrivate lot
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.
8 days
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96
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4
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Zillow last checked:
Listing updated:
Listed by:
Tim Hur404-512-2322,
Point Honors & Associates, Realtors,
Helen P Pham678-995-2526,
Point Honors & Associates, Realtors
Source: GAMLS,MLS#: 10811111
Facts & features
Interior
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air
Features
Basement: None
Has fireplace: No
Property
Parking
Parking features: Detached
Has garage: Yes
Features
Levels: Three Or More
Stories: 3
Body of water: None
Lot
Size: 0.33 Acres
Details
Parcel number: 17019900100
Special conditions: Investor Owned
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Triplex
Materials
Stone Frame, Wood Siding
Condition
Resale
New construction: No
Year built: 1981
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Other
Community & HOA
Community
Features: Street Lights, Walk To Schools, Near Shopping
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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