5540 Mercedes Drive Cumming GA 30041 MLS #7358179

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.
Listing Provided Courtesy of Berkshire Hathaway HomeServices Georgia Properties

Property Details

Price:
$325,000
MLS #:
7358179
Status:
Closed ((Apr 24, 2024))
Beds:
4
Baths:
2
Address:
5540 Mercedes Drive
Type:
Single Family
Subtype:
Single Family Residence
City:
Cumming
Listed Date:
Mar 25, 2024
State:
GA
Finished Sq Ft:
1,840
ZIP:
30041
Year Built:
1970

Schools

Elementary School:
Chattahoochee – Forsyth
Middle School:
Little Mill
High School:
Forsyth Central

Interior

Appliances
Electric Cooktop, Electric Oven, Electric Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Carpet, Laminate
Heating
Propane
Laundry Features
Main Level

Exterior

Architectural Style
A- Frame
Community Features
None
Construction Materials
Other
Exterior Features
Rain Gutters, Private Entrance
Other Structures
Shed(s)
Parking Features
Carport, Driveway, Level Driveway, Parking Pad
Parking Spots
6
Roof Type
Metal, Shingle

Financial

HOA Fee
$95
HOA Frequency
Annually
Tax Year
2023
Taxes
$235

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