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Frank Farkas

frank.farkas2@gmail.com +1(678) 442-1509

$615,000

Est. payment - /mo

0.33 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Lakemont Village

MLS Listing ID 7775525

Construction Status Resale

HOA Y/N No

Year Built 1981

Annual Tax Amount $4,966

Tax Year 2025

Lot Size 0.325 Acres

Acres 0.3255

Property Sub-Type Triplex

Source First Multiple Listing Service

Property Description

Excellent turnkey investment opportunity in a high-demand Marietta location close to I-75, I-285, and minutes from The Battery Atlanta! This solid 3-story triplex sits on a private lot and features three spacious 2-bedroom, 2-bathroom units, each boasting a highly functional floor plan with a separate formal dining room and a cozy fireplace in the living room. The property offers a seamless mix of value-add potential and stability, as some units have been renovated while others remain classic. Professionally managed with seamless operations from day one, the building is occupied by long-term tenants. Perfect for a seasoned investor looking for reliable cash flow with potential rental increases with further renovations, providing the perfect future window to place a new tenant at top market rent, as only 1 of the 3 units have been renovated. Units with this layout and location historically rent quickly. The 3 units are 2885, 2887, and 2889 Lakemont Drive SW.

Location

State GA

County Cobb

Area Lakemont Village

Lake Name None

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Window Features None

Exterior

Parking Features Detached, Paved

Fence None

Community Features Near Schools, Near Shopping, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Trees/Woods

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 6

Private Pool false

Building

Lot Description Corner Lot

Story Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Cedar,Frame

Construction Status Resale

Schools

Elementary Schools Norton Park

Middle Schools Floyd

High Schools Osborne

Others

Senior Community no

Tax ID 17019900640

Special Circumstances Investor Owned

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Listed by Point Honors and Associates, Realtors

Nearby School & Business

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Frank Farkas

+1(678) 442-1509

Managing Partner - Realtor | License ID: 174175

Managing Partner - Realtor License ID: 174175

2885 Lakemont DR SW Marietta, GA 30060

Frank Farkas

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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