5883 Lone Oak Drive SW
Mableton, GA 30126
- – beds
- – baths
- 6,229 sqft lot
- 1984 build
- – on site
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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!
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Last updated Jan 31, 2024
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MLS# 7288045 —
The Building
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Year Built:1984
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Construction Materials:Brick 4 Sides
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# of Units Total:4
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Levels:Two
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Roof:Composition
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Window Features:Insulated Windows
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Security Features:None
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Accessibility Features:None
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Green Energy Efficient:None
Location
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Directions:GPS Friendly. From Francis To Lone Oak Drive, the building is the second (or middle) building and all units are toward the back/furthest from the parking lot.
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Latitude:33.811169
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Longitude:-84.565226
The Property
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Parcel Number:18007600980
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Property Type:Residential Income
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Condition:Resale
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Lot Features:Level
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Lot Size Acres:0.143
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Lot Size Dimensions:x
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Lot Size Source:Public Records
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View:Other
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Fencing:None
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Waterfront Features:None
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Water Body Name:None
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (404) 397-2877
- Office phone:
- (404) 844-4198
Taxes
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Tax Year:2022
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Tax Annual Amount:5571
The Listing
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:Investor Owned
Heating & Cooling
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Cooling:Ceiling Fan(s)
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Heating:Central
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
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Water Source:Public
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Green Energy Generation:None
Schools
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Elementary School:Clay-Harmony Leland
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Middle Or Junior School:Lindley
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High School:Pebblebrook
The Community
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Subdivision Name:White Oak
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Community Features:None
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Association:false
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Pool Private:false
Parking
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Parking Total:8
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Parking Features:Parking Lot
Listing Provided Courtesy of Atlanta Communities / Bought with Neighborhood Assistance Corp.
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Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
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).