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$365,000

Beds
4
Baths
2.0
sq ft
1,840

5540 Mercedes Dr, Cumming, GA 30041

5540 Mercedes Dr

Cumming, GA 30041

  • 26 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

FMLS #7442580

Listed
$365,000
+12.31%
04/24/2024
FMLS

FMLS #7358179

Sold
$325,000
04/01/2024
FMLS

FMLS #7358179

Pending
$325,000

Schools & Community

Elementary school: 

Chattahoochee - Forsyth

Middle school: 

Little Mill

High school: 

Forsyth - Other

Community features: 

Lake

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Status: Active

Tomo last checked: 09/16/2024 at 2:55 PM

Listing updated: 09/04/2024 at 8:05 AM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7442580

FMLS logo

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