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  • $723,000

    5883 Lone Oak Dr SW, Mableton, GA 30126

    8beds
    4baths
    --sqft
    Quadruplex, Residential Income
    Built in 1984
    -- sqft lot
    $710,600 Zestimate®
    $--/sqft
    $1,326 Estimated rent

    Owner options

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    $1,326/mo

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    $1,326/mo

    Rent Zestimate®

    Refinance and save

    $4,137/mo

    Est. payment

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    $4,137/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: January 31, 2024 at 08:16am

    Listing Provided by:

    Isaac Jordan,

    Atlanta Communities

    Bought with:

    Kenneth Clarke, 169162

    Neighborhood Assistance Corp.

    Source: FMLS GA,MLS#: 7288045MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Features
    • Windows: Insulated Windows

    Property

    Parking
    • Total spaces: 8
    • Parking features: Parking Lot, Paved
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 6,229 sqft
    • Features: Level
    Details
    • Parcel number: 18007600980

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Residential Income
    Materials
    • Brick 4 Sides
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & neighborhood

    Security
    • Security features: None
    Community
    • Community features: None
    Location
    • Region: Mableton
    • Subdivision: White Oak

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
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    Estimated market value
    $710,600