5859 LONE OAK Drive SW, Mableton, GA 30126

$750,000

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List Price: $750,000
MLS#: 10847477
Type: Multifamily
City: Mableton
County: Cobb
Subdivision: White Oak
Year Built: 1984

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Property Description

Completely renovated in 2021-2022, this updated quadplex features new roof, HVAC systems, plumbing, electrical, water heaters, windows, flooring, cabinets, and paint. Each unit offers a modern 2-bedroom, 1-bath layout with stainless steel appliances and updated finishes. Conveniently located just off Highway 78 with quick access to I-20 and I-285, placing you within 30 minutes of Truist Park, Buckhead, Midtown, and Downtown Atlanta. The property has a shared monthly association expense of approximately $550 total for the entire property, covering water, trash, pest control, common area maintenance, outdoor lighting, insurance, parking lot maintenance, and fire hydrant inspection. Three units are currently occupied, with one vacant unit offering immediate leasing potential. Current gross monthly rent is approximately $5,700. Turn-key investment opportunity with strong rental income and modern upgrades in a prime location.

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Additional Information

Elementary School: Harmony Leland
High School: Pebblebrook
Parking: Parking Pad
Basement Type: None
Stories: 2 Stories
Fees Include: Maintenance Structure, Trash, Water
Tax Year: 2023