$365,000
Bedrooms
4
Baths
2
Full Baths
Year Built
1970
Days On Market
64
Half Baths
0
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Home Description: 5540 Mercedes Dr
Currently being remodeled. 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 4 bed/2 bath but this is (2) 2bed/bath units and square footage is accurate.
Available now at $365,000
Neighborhood
The average asking price of a 4 bedroom Cumming home in this zip code is $766,944 (110.1% more than this home).
This home is priced at $198/sqft, which is 26.5% less than similar homes in the 30041 zip code.
Map Map | Street Street | Birds Eye Birds Eye
5540 Mercedes Dr Cumming GA 30041
Similar to: 5540 Mercedes Dr
For Sale Near: 5540 Mercedes Dr
School Information
Financial
Area Stats
These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or to obtain statistics not shown below please call EasyStreet Realty at (404) 449-1453 and speak with one of our real estate consultants.
Listing Courtesy of Mark Spain Real Estate.
5540 Mercedes Dr, Cumming GA is a single family home of 1840 sqft and is currently priced at $365,000 . This single family home has 4 bedrooms. A comparable home for sale at 2070 Ivy Ln in Cumming is listed at $475,000. This home on 5540 Mercedes Dr has not had a price change. In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Cumming, GA. Mountain Ridge, Hutchinson Pointe and Moores Crossing are nearby neighborhoods. MLS 7442580F has been posted on this site since 9/3/2024 (today).
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