51 Lott AVE SE Pending

Marietta,GA 30067

$ 450000

- Bed

- Bath

999 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

Square Footage 999 sqft

Price per Sqft $450

MLS Listing ID 7434638

Construction Status Updated/Remodeled

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1953

Annual Tax Amount $1,568

Tax Year 2023

Lot Size 0.266 Acres

Acres 0.266

Property Description

Take advantage of this Amazing 9 Cap, Cash Flowing Investment Property in popular Marietta, GA. Fully Renovated brick Residential Property zoned Commercial with 5 Office Suites and a Garage Shop in the rear. There is also an unfinished basement that can be renovated and rented out along with the Office Suites to boost cash flow and increase Capitalization Rate to a whopping 15 Cap. *******Great through street location from Powers Ferry to Lower Roswell Rd just Minutes to I-75. Double Driveway and Fenced-in Backyard area. New hardwood floors throughout with fresh paint inside and outside. Two of the office suites are currently rented along with the rented Garage Shop in rear. Three Offices are currently vacant. *******Profit & Loss Statement Attached. Rent Roll and Leases available upon request.

Location

State GA

County Cobb

Zoning COM

Lake Name None

Rooms

Other Rooms Outbuilding

Basement Exterior Entry,Unfinished,Walk-Out Access

Interior

Interior Features Reception Area,Restrooms

Heating Central

Cooling Central Air

Flooring Hardwood

Window Features None

Exterior

Parking Features Parking Lot

Fence Fenced

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

Waterfront Description None

View City

Roof Type Asphalt

Street Surface Asphalt

Accessibility None

Handicap Access None

Total Parking Spaces 10

Private Pool false

Building

Lot Description Free Standing,Level,Rectangular Lot

Story One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community no

Tax ID 16124100320

Special Listing Condition None

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