Marietta Duplex

Cobb County, Marietta, GA, 30060
Sold
Listed at: September 28th, 2023
Price
$285,000
ARV
$400,000
Gross Margin
$115,000
Sq. Footage
1620
Type
Multifamily
Parking
Driveway
Year build
1943
Lot size
0.30 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Marietta Duplex: Walking distance to Dobbins Air Reserve Base & Georgia Tech Research Institutes... Huge rental demand in this area. Rare find for this highly sought after location.

Both sides are each rented for $1200/mo. Property must be sold with tenants in place.

Because the duplex is tenant-occupied, showings are limited. Must provide proof of funds prior to showing if this is your first time working with Divestic Ventures.


Occupancy & Access: Both units are tenant occupied. Must be sold with tenants inside. Access by appointment.

Contact Me:

Michael@divesticventures.com | (770)-226-5512


1) Basic:

Specs (Whole Building): 4/2/1620sqft

Specs (Per Side): 2/1/810sqft

Year Built: 1943

Lot Size: .3 acre

Parking: Driveway


2) Numbers:

Asking Price: $285,000

Buy Now Price: $290,000

Current Rent: $1200/mo per side

Market Rent: $1450/mo per side

ARV: $400,000

Additional Notes:

Flat, corner lot adjacent to main road, but not facing the main road

Central heat and air.

All electric

Each unit is individually metered.


TERMS:

Close with our preferred attorney. Buyer pays all closing costs. Deal not final until EMD is received. All Inspections to be done prior to binding contract. Cash/Hard Money only.

DISCLAIMER:

This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. Any attempts to renegotiate or make contact with the owner will result in legal action.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Michael Chung

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Disposition manager