Mableton, GA 30126,5883 Lone Oak SW
Mableton, GA 30126,5883 Lone Oak SW
Mableton, GA 30126,5883 Lone Oak SW
$723,000
Est. payment /mo
$749,900
3.6%
Est.Price: ?

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6,229 Sqft Lot
SOLD DATE : 01/29/2024

Key Details

Sold Price $723,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision White Oak

MLS Listing ID 10214008

Sold Date 01/29/24

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1984

Annual Tax Amount $5,571

Tax Year 2022

Lot Size 6,229 Sqft

Acres 0.143

Lot Dimensions 6229.08

Property Description

Perfect Opportunity To Own This 4-Unit Building In Cobb County! Whether you're a dedicated investor seeking to expand your portfolio or a potential homeowner considering living in one unit while leasing the other three (or "house hack"), this opportunity suits a variety of aspirations.This quad was completely renovated in 2020 from top to bottom, including the Roof, HVAC, Plumbing, Electrical, Water Heaters, Windows, Flooring, Cabinets & Paint. All 4 units are 2 bed/1 bath and feature updated interiors and stainless steel appliances. Conveniently situated adjacent to Highway 78, providing efficient ingress to Interstates 20 and 285, while being within a 30-minute drive of prominent destinations including Truist Park, Vinings Jubilee, Buckhead, Midtown, and Downtown Atlanta. HOA varies from 400-500/month and covers and grounds care, water, sewer, and trash. The property is under professional management and well maintained. 1 unit currently leased at $1,350/month and expect full occupancy soon. Market rent 1,300-1,400. Starting the weekend after November 18, 2023, Fannie Mae will allow 5% down payments for owner-occupied 2-, 3-, and 4-unit homes, which is a major change from the previous requirement of 15-25% down payments for such properties. Contact Us For Any Additional Information or Bring Us An Offer!

Location

State GA

County Cobb

Rooms

Basement None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Over 1 Space per Unit, Parking Pad

Garage Spaces 8.0

Community Features None

Utilities Available Underground Utilities

View Y/N No

Total Parking Spaces 8

Garage No

Private Pool No

Building

Faces GPS Friendly. From Francis To Lone Oak Drive, the building is the second (or middle) building and all units are toward the back/furthest from the parking lot.

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Clay

Middle Schools Lindley

High Schools Pebblebrook

Others

HOA Fee Include None

Tax ID 18007600980

Special Listing Condition Resale

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Georgia MLS - GAMLS

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agent

Nathaniel Snyder

+1(912) 695-5245

CEO/Owner | License ID: 375119

CEO/Owner License ID: 375119

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