Buy & Hold Rental w/ 1/1 basement Suite and Pool! Marietta, 30060

Cobb County, Marietta, GA, 30060
Sold
Listed at: February 5th, 2022
Price
$272,000
Sq. Footage
2350
Type
Attached
Parking
Assigned
Year build
1979
Lot size
20038.00 sqft
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

This beautiful brick home is currently occupied by tenants with their lease expiring Jan 2022. This property also has the option to be a split-level rental with a finished 1/1 basement that has a kitchen and exterior entrance. Not many recent updates made to the home but it is in good condition. The pool has a new liner and operating equipment. The AC was replaced in 2014 and the roof is 11 years old. The tenants are currently paying $2300 for the entire property. Overall great opportunity to collect immediate strong rents until the expiry and be able to convert thereafter. 


STATS:

  • Upstairs: 4 bed, 2 bath, 2350sf
  • Downstairs: 1 bed, 1 bath, 1160sf
  • Lot Sqft: 20,038
  • Built: 1979
  • Current rent: $2300/mo
  • Market rents: $2700-3000/mo


SOLD MLS COMPS: 

  • 3001 Moser Way - (5/3, 2930sf) - ($107/ft) - SOLD - $316,000
  • 2761 Fran Ln - (5/3, 2469sf) - ($117/ft) - SOLD - $290,000 (Updated) 
  • 620 Shay Dr - (4/2, 2601) - ($119/ft) - SOLD - $311,000
  • 2855 Old Carriage Dr - (2/2, 2400sf) - ($100/ft) - SOLD - $240,000 (Updated) 


1. Tallbridge Real Estate is selling their equitable interest in the contracts to purchase the aforementioned properties. All properties are sold for cash or hard money. 2. Buyers responsibility to do your own due diligence and verify all information. 3. Prices are NET to seller with buyer paying all closing costs unless otherwise stipulated. 4. Opinions of value / rents are given as a courtesy and no guarantees are expressed or implied.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Maxime Stephenson

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Disposition manager