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51 Lott SE Avenue

$450,000

51 Lott SE Avenue, Marietta, GA 30067

Active
Last Updated: 10/22/2024

9

Cap Rate

999 sqft

Building Size

Details:
Cap Rate:    9%
Building Size:    999 sqft
Year Built:    1953
Parking Spots:    10
Highlights:
  • Lot Features: Free Standing, Level, Rectangular Lot
  • Number Of Buildings: 1
  • Bathrooms Total: 0
  • Documents Available: Lease, Prof/Loss
  • Cooling: Central Air
  • Heating: Central
  • Electric: 110 Volts, 220 Volts
  • Flooring: Hardwood
  • Construction Materials: Brick
  • Parking Features: Parking Lot
  • Accessibility Features: None
  • Security Features: Closed Circuit Camera(s)
  • Buyer Agency Compensation: 3
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.

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