Viewing Listing MLS# 351783920
Marietta, GA 30008
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1982Year Built
- 0.36Acres
- MLS# 351783920
- Multifamily
- Quadruplex
- Active
- Approx Time on Market10 months,
- AreaN/A
- CountyCobb - GA
- Subdivision MARVIN GARDENS
Overview
Walk into a seamless blend of Modern comfortable living. All four units have been recently updated to ensure that the traveling Business Professionals, tourist, out of town holiday guests, and long-term guests have an inviting atmosphere to come home to after a day of work, visiting family, or touring the Atlanta area. Equipped with super-fast WIFI, smart thermostats, electric door locks, and other modern amenities. Plus 18 low voltage lights that luminate the property with cameras that allow the property owner or their manager to manage the property from the palm of your hand in moments. Unit Breakdown Unit 1. Three Bedroom/1 .5 baths with a bonus Vanity Room with sink and mirror. Unit 2. Two Bedrooms/One Bath plus Jack and Jill with a Vanity Sink and Mirror in each master bedroom. Unit 3: Two Bedrooms/One Bathroom Unit plus Jack and Jill with a Vanity Sink and Mirror in each master bedroom Unit 4: Two Bedrooms/One Bath plus Jack and Jill with a Vanity Sink and Mirror in each master bedroom. In 2023, the properties interior and exterior were repainted plus new flooring in two of the four units. In 2021, all buildings had new roofs installed. Financials: Vacation Rental Yearly Income: 2020. $95,356.37 2021 $101,347.76 2022. $ 91569.01 2023. 2023 Ytd $ 94,667 Occupancy Rate: 75 percent Vacancy rate with out of state Owner using one unit. Fully furnished units with contemporary decor Established presence on leading vacation rental platforms. Other amenities: 1. Laundry Shed with 2 washers and 2 Gas Dryers filled with extra supplies for each unit. 2. Storage shed for maintenance supplies and equipment. 3. Office Shed or personal exercise room. Location: This quadruplex Zoning is R6. enjoys proximity to nearby attractions, entertainment, shopping hospital and dining options. 2 miles to Marietta Square, 8 minutes to KSU's Marietta Campus, Life District. 12-minute drive to Six Flags or downtown Quick access to I-75 QUALIFIED BUYERS ONLY: Do not visit property or disturb tenants. By appointment only. Each unit is fully furnished with total furnishing, appliances including washers and dryer and all the comforts of home. Buyer must show a preapproval letter and proof of funds to proceed and submit the highest and best offer. Perfect 1030 Exchange property.
Association Fees / Info
Hoa: No
Community Features: None
Bathroom Info
Building Info
Habitable Residence: No
Number of Units Total: 4
Exterior Features
Fence: Back Yard
Pool Private: No
County: Cobb - GA
Acres: 0.36
Financial
Original Price: $1,500,000
Owner Financing: No
Gross Income: 94,667
Garage / Parking
Parking Features: Driveway, Paved
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: Carbon Monoxide Detector(s), Security Service
Levels: Two
Lot Info
Lot Size Source: Public Records
Lot Features: Cul-De-Sac, Level
Lot Size: 1
Misc
Property Attached: No
Home Warranty: No
Open House
Other
Property Info
Construction Materials: Brick Front, HardiPlank Type
Year Built: 1,982
Property Condition: Updated/Remodeled
Roof: Shingle
Property Type: Residential Income
Rental Info
Land Lease: No
Special Features
Green Features: Thermostat, Windows
Special Listing Conditions: None
Special Circumstances: Agent Related to Seller, Owner/Agent, Other
Tax Info
Tax Amount Annual: 2874
Tax Year: 2,023
Tax Parcel Letter: 17-0009-0-041-0
Unit Info
Utilities / Hvac
Cool System: Ceiling Fan(s), Central Air, Electric
Heating: Central, Forced Air, Natural Gas
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
Power Springs Rd to cunningham to pastel to Ventnor Place Seller is a licensed GA Real Estate Broker.Listing Provided courtesy of Lokation Real Estate, Llc