$365,000
For Sale

5540 Mercedes Drive

Cumming, GA 30041
1840 sqft | 4 beds | 2 baths | 0.33 acres | #10362409
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • InteriorOther
    • Beds & Baths
      • Bedrooms4
      • Bathrooms2
      • Full Baths2
      • Bedrooms on Main Level2
  • Property Details
      • Lot DescriptionCorner Lot, Other
    • Measurements
      • Acres0.33
      • Square Feet1840
    • Parking
      • Parking Spaces8
  • Construction Details
      • Property TypePurchase
      • StyleA-frame
    • Condition
      • Year Built1970
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Sewer Available, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • High SchoolForsyth Central
      • Elementary SchoolChattahoochee
      • Middle SchoolLittle Mill
      • CountyForsyth
  • Financial Details
      • Taxes Annual$109
  • Other
      • MLS #10362409

Location

Abdul TukhiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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