Residential Income $ 615,000

2885 Lakemont DR SW

Marietta, GA 30060

  • 0.33 Lot Size
  • 1981 Year Built
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.
Listed by Point Honors and Associates, Realtors

PROPERTY DETAIL

  • Key Details

    Property Type Residential Income

    Sub Type Triplex

    Listing Status Active

    Purchase Type For Sale

    Subdivision Lakemont Village

    MLS Listing ID 7775525

    Construction Status Resale

    HOA Y/N No

    Year Built 1981

    Annual Tax Amount $4,966

    Tax Year 2025

    Lot Size 0.325 Acres

    Acres 0.3255

    Property Sub-Type Triplex

    Source First Multiple Listing Service

  • Location

    State GA

    County Cobb

    Area Lakemont Village

    Lake Name None

  • Building

    Lot Description Corner Lot

    Story Three Or More

    Sewer Public Sewer

    Water Public

    Level or Stories Three Or More

    Structure Type Cedar,Frame

    Construction Status Resale

  • Interior

    Heating Central, Electric

    Cooling Ceiling Fan(s), Central Air

    Window Features None

  • Exterior

    Parking Features Detached, Paved

    Fence None

    Community Features Near Schools, Near Shopping, Street Lights

    Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

    Waterfront Description None

    View Y/N Yes

    View Trees/Woods

    Roof Type Composition

    Accessibility None

    Handicap Access None

    Total Parking Spaces 6

    Private Pool false

  • Schools

    Elementary Schools Norton Park

    Middle Schools Floyd

    High Schools Osborne

  • Others

    Senior Community no

    Tax ID 17019900640

    Special Circumstances Investor Owned

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