A rare opportunity for an investor to own this well maintained duplex located minutes from historic Flowery Branch. Great cash flow, great location, easy to maintain, easy to rent makes this the perfect investment. This unit is located steps from lake Lanier, Hide-A-Bay Cove Marina, Aqualand Marina, and the city park. Each unit features 2 bedrooms, 2 bath, a fireplace, 2 parking spots, and all appliances. This is one of three duplexes in Lorimar on the Lake being offered. 6130 Lorimar and 6098 Mitchell also avail. Net operating income currently is $18,588 11 Cap!!
Listing courtesy of FMLS / BUCKHEAD HOME REALTY LLC
Last checked:
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Last updated Jun 6, 2023
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MLS# 5887839 —
The Building
Year Built:
1985
Construction Materials:
Cement Siding
Roof:
Composition
Window Features:
Insulated Windows
Security Features:
None
Patio And Porch Features:
None
Accessibility Features:
None
Green Energy Efficient:
Windows
# of Units Total:
2
Interior
Room Basement Level:
Basement
Location
Directions:
McEver rd south, left on Lights Ferry Road, Right on Mitchell St., Lorimar on the Lake will be on the right.
Latitude:
34.181483
Longitude:
-83.932991
The Property
Parcel Number:
08118 007008
Property Type:
Residential Income
Property Type:
Residential Income
Property Subtype:
Duplex
Property Condition:
Resale
Lot Features:
Other
Lot Size Acres:
0.33
Lot Size Dimensions:
161X156X70x199
View:
Lake
Fencing:
None
Water Body Name:
Lanier
Property Attached:
false
Listing Agent
Contact info:
Agent phone:
(708) 744-3998
Office phone:
(404) 419-1004
Taxes
Tax Year:
2016
Tax Lot:
4
Tax Annual Amount:
634
The Listing
Buyer's Brokerage Compensation:
3.0
Special Listing Conditions:
None
Heating & Cooling
Cooling:
None
Heating:
Central
Utilities
Utilities:
None
Sewer:
Septic Tank
Water Source:
Public
Schools
Elementary School:
Flowery Branch
Middle Or Junior School:
West Hall
High School:
West Hall
The Community
Subdivision Name:
Lorimar on the Lake
Community Features:
Fishing
Dock:
None
Parking
Parking Total:
2
Parking Features:
Varies by Unit
Listing Provided Courtesy of BUCKHEAD HOME REALTY LLC
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
10/27/17
Oct 27, 2017
Sold
FMLS
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No additional history available
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Multifamily
Sold
on 10/27/2017
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Listing provided by broker:
Mark Grossi
BUCKHEAD HOME REALTY LLC
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.