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Listing Courtesy Of: Atlanta Communities, Isaac Jordan, First MLS
Listing Sold By: Neighborhood Assistance Corp.
Local Realty Services Provided By: Keller Williams Realty Cityside
US / GA / Mableton / East Mableton / 5883 Lone Oak Drive SW
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US / GA / Mableton / East Mableton / 5883 Lone Oak Drive SW
5883 Lone Oak Drive SW, Mableton, GA 30126
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US / GA / Mableton / East Mableton / 5883 Lone Oak Drive SW

5883 Lone Oak Drive SW, Mableton, GA 30126

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Property Description

Perfect Opportunity To Own This 4-Unit Building In Cobb County! Whether you're a dedicated investor seeking to expand your portfolio or a potential homeowner considering living in one unit while leasing the other three (or "house hack"), this opportunity suits a variety of aspirations.This quad was completely renovated in 2020 from top to bottom, including the Roof, HVAC, Plumbing, Electrical, Water Heaters, Windows, Flooring, Cabinets & Paint. All 4 units are 2 bed/1 bath and feature updated interiors and stainless steel appliances. Conveniently situated adjacent to Highway 78, providing efficient ingress to Interstates 20 and 285, while being within a 30-minute drive of prominent destinations including Truist Park, Vinings Jubilee, Buckhead, Midtown, and Downtown Atlanta. HOA varies from 400-500/month and covers and grounds care, water, sewer, and trash. The property is under professional management and well maintained. 1 unit currently leased at $1,350/month and expect full occupancy soon. Market rent 1,300-1,400. Starting the weekend after November 18, 2023, Fannie Mae will allow 5% down payments for owner-occupied 2-, 3-, and 4-unit homes, which is a major change from the previous requirement of 15-25% down payments for such properties. Contact Us For Any Additional Information or Bring Us An Offer!

Property Details

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Overview
Property Type
Quadruplex
Year Built
1984
Days on Site
670 Days
HVAC
Central, Ceiling Fan(s), Central Air
Parking
8 Parking Spaces
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Activity History

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US / GA / Mableton / East Mableton /

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