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5540 Mercedes Drive

Cumming, GA 30041
  • $325,000
  • STATUS: Active Under Contract
  • ON SITE: 19 Days
  • MLS #: 10271563
Under Contract
$325,000
  • 4
    BEDS
  • 0.33
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,840
    SQFT
  • $177
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1970
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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 2bed/bath however, square footage appears accurate). APPOINTMENT REQUIRED as home is Owner occupied and 2hr showing notice required due to age of seller.

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Coldwell Banker Southern Coast are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Coldwell Banker Southern Coast. Data last updated: 2024-04-04T00:06:59.633.
www.cbsoutherncoast.com/homes/148965779
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5540 Mercedes Drive Cumming, GA 30041

  • Price: $325,000
  • Status: Active Under Contract
  • On Site: 19 Days
  • MLS #: 10271563
4
Beds
2
Baths
0
½ Baths
0.33
Acres
1,840
SQFT
$177
$/SQFT
1970
Built
Neighborhood:
None
County:
Forsyth
Area:
Cumming
Elementary School:
Chattahoochee
Middle School:
Little Mill
High School:
Forsyth Central
Property Description
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 2bed/bath however, square footage appears accurate). APPOINTMENT REQUIRED as home is Owner occupied and 2hr showing notice required due to age of seller.
Exterior Features

Architectural Style A-Frame Attached Garage YN No Carport YN Yes Common Walls No Common Walls Construction Materials Other Fencing Chain Link Frontage Type Lakefront Garage YN No Levels Two Lot Features Corner LotLevel Lot Size Area 14374.8 Lot Size Source Public Records Lot Size Units Square Feet Open Parking YN Yes Parking Features CarportParking Pad Parking Total 6 Patio And Porch Features Porch Roof Metal Total Number Of Slips 0 Vegetation Grassed View YN No

Interior Features

Above Grade Finished Area 1840 Above Grade Finished Area Units Square Feet Appliances Electric Water Heater Basement None Below Grade Finished Area 0 Below Grade Finished Area Units Square Feet Below Grade Unfinished Area 0 Building Area Total 1840 Building Area Units Square Feet Cooling Window Unit(s) Cooling YN Yes Dining Room Features L Shaped Fireplace YN No Fireplaces Total 0 Flooring CarpetLaminate Heating Propane Heating YN Yes Interior Features BookcasesIn-Law Floorplan Kitchen Features Second Kitchen Laundry Features Other Living Area Source Public Records Living Area Units Square Feet Main Level Bathrooms 1 Main Level Bedrooms 2 Rooms Other

Property Features

Association Fee 95 Association Fee Includes Other Association YN Yes Community Features None District 0 Electric On Property YN Yes Es Bus Yn Yes Home Warranty YN No Hs Bus Yn Yes Land Lease YN No Land Lot 0 Listing Terms CashConventionalVA Loan Ms Bus Yn Yes New Construction YN No Other Structures Shed(s) Property Attached YN No Property Condition Fixer Property Sub Type Single Family Residence Section 0 Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Septic Tank Structure Type House Tax Annual Amount 235 Tax Year 2023 Unit 0 Utilities Cable AvailableElectricity AvailablePropaneWater Available Water Body Name Lanier Water Source Public Waterfront YN Yes

GAMLS logo Listing provided courtesy of BHHS Georgia Properties: 770-844-8484. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Coldwell Banker Southern Coast are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Coldwell Banker Southern Coast. Data last updated: 2024-04-04T00:06:59.633.
 
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