Sold

188 Lake Drive, Atlanta, GA 30340

Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byDuffy Realty
  • 3
  • 0

Overview

|| FULLY LEASED DUPLEX || || LONG-TERM TENANTS THROUGH MID-2027 || || STRONG CASH FLOW || || CONVENIENT LOCATION || || NO HOA & NO RENT RESTRICTIONS || 1700 SQ FT || || 2/1 ON EACH SIDE || || SELLER WILL SELL 2 DUPLEXES (186 & 188 Lake Dr) for $868,000!! || NEW ROOF NEGOTIABLE || ** What You'll See ** A SOLID BRICK DUPLEX standing strong since 1961, freshly updated with modern touches and clean curb appeal. You'll notice TWO SEPARATE DRIVEWAYS, each leading to its own private entrance and fenced backyard ideal for privacy and low-maintenance living. Step inside and see the durability of LVP AND TILE FLOORING throughout, paired with ORIGINAL TILE BATHS that offer character and longevity. The lot's 0.24 ACRES provide just enough outdoor space for tenants to enjoy, while the STORAGE SHEDS in the carports add practical value and organization. ** What You'll Hear ** From this central Doraville location, you'll hear the hum of a thriving community neighborhood sounds, friendly chatter, and the occasional passing train connecting you to the pulse of Atlanta just minutes away. The nearby I-285 and I-85 corridors keep the city within easy reach, yet the residential setting allows for a quieter, more stable environment where tenants stay long-term and investors enjoy steady, predictable income. ** What You'll Feel ** Feel the confidence of owning a TURNKEY INVESTMENT that's already producing $3,200 PER MONTH in gross rent with tenants locked in.. You'll appreciate the peace of mind that comes from well-maintained interiors. This property feels balanced dependable income today with room to grow equity tomorrow through thoughtful updates or future rent increases. ** What You'll Experience ** Experience the satisfaction of smart ownership in a rapidly appreciating area with an ATLANTA ADDRESS and Gwinnett County taxes. You'll enjoy a sense of momentum stable returns now, long-term upside ahead, and a portfolio strengthened by a property that performs. Whether you're an experienced investor or just expanding your holdings, this DORAVILLE DUPLEX offers a reliable, income-producing opportunity in one of metro Atlanta's most convenient, connected neighborhoods. ** Recent sale of a similar property by the same owner supports the current list price. Strong comparable value established. Due diligence is for informational purposes only, as the home is being sold As-Is. See disclosures for all the information needed. Showings will only occur after an offer has been presented. Cap on seller-paid closing costs of $6000. ** **

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Lot size (acres)
0.24
Year built
1961

Garage and parking

Garage parking spaces
6

Utilities

Heating
Other
Cooling
Other
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$3,626

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Georgia MLS MLS®#: 10628987 Last checked:

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