$365,000
- Beds
- 4
- Baths
- 2.0
- sq ft
- 1,840
5540 Mercedes Dr, Cumming, GA 30041
5540 Mercedes Dr
Cumming, GA 30041
- 75 days on market
Currently being remodeled. INVESTOR SPECIAL with fabulous LAKE LANIER ACCESS! NO HOA. Great option as primary owner with rental potential for either floor. Very unique opportunity for 2 level home with a total of 4 bedrooms and 2 baths. Originally designed with parking under the main home with stairs up to the 2/1 above. Lower level finished prior to seller's ownership with 3 drives ways poured on corner lot with 2 fixed double car carports and a single fixed carport to allow for tons of parking to property! Sits on one of the larger lots in the neighborhood boasting .33 acres. DIRECTLY ACROSS THE STREET TO THE PRIVATE GATED LAKE ACCESS AND BOAT LAUNCH! Optional POA for lake access. The property has endless opportunities for investment income or as primary residence. Could even add a structure due to lot size! TRULY A MUST SEE at this price! (Tax rolls only reflect the original 4 bed/2 bath but this is (2) 2bed/bath units and square footage is accurate.
Details
Property type
Single Family Residence
Lot size
0.33 acres
Price per sq ft
$199
Year built
1970
Annual property taxes
$109
Price History
09/03/2024
FMLS #7442580
Listed
$365,000
+12.31%
04/24/2024
FMLS #7358179
Sold
$325,000
04/01/2024
FMLS #7358179
Pending
$325,000
Schools & Community
Elementary school:
Chattahoochee - Forsyth
Middle school:
Little Mill
High school:
Forsyth - Other
Community features: Lake
Community features:
Lake
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Status: Active
Tomo last checked: 11/05/2024 at 5:40 AM
Listing updated: 09/04/2024 at 8:05 AM
Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000
MLS: FMLS #7442580
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