5540 Mercedes Drive, Cumming , 30041
Listing ID: 7442580
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$365,000
Price
4.00
Beds
2.00
Baths
1840
Sq. Ft.
Built: 1970
Listed: 4 weeks ago
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Property Description

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.

House located at 5540 Mercedes Drive. It has 4.00 beds, 2.00 bathrooms, and is 1840 square feet. The property was built in 1970. 5540 Mercedes Drive is in the Cumming neighborhood.
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Listed by: Mark Spain Real Estate
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment