$365,000
Active
39 Days Online
4 Beds2 Baths1,840 SQFT
Active

5540 Mercedes Drive Cumming, GA 30041

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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.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyForsyth
  • Taxes$109
  • HOA/Condo/Coop Fees$0
  • Days on Site38 Days
  • MLS StatusActive
  • MLS ID Number7442580
  • Home Size Source Public Records
  • Year Built1970
  • Lot Size0.33 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Style A- Frame
  • Construction Vinyl Siding
  • Parking CarportKitchen Level
  • Parking Spaces 8
  • Sewer Public Sewer
  • Basement None
  • Number of Stories 2
  • Acreage 0.33
  • Water Public
  • Security None
  • Property Sub Type Single Family Residence
  • Utilities Electricity AvailableSewer AvailableWater Available
  • Foundation None

Interior Features

  • Cooling Window Unit(s)
  • Heating Propane
  • Appliances Electric RangeElectric Water HeaterRefrigerator
  • Flooring Ceramic TileHardwoodVinyl
  • Interior Other
  • Fireplaces 0
  • Fireplace Features None
  • Laundry Features Common Area
  • Window Features None
  • Fireplace No

Exterior Features

  • Roof Tar/ Gravel
  • View Other
  • Fencing Chain Link
  • Spa No
  • Pool Features None
  • Spa Features None
  • Waterfront Property No
  • Waterfront Features None
  • Exterior Balcony
  • Lot Corner LotFront Yard
  • Patio And Porch Deck
  • Road Frontage County Road
  • Other Structures Shed(s)

Community Features

  • Community Features Lake
  • Security Features None

Schools

School District
Unknown
Elementary School
Chattahoochee - Forsyth
Middle School
Little Mill
High School
Forsyth - Other

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Monthly Payment (Est.)

$1,766
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