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5540 Mercedes Dr Cumming GA 30041 MLS 7442580

$365,000

Photo one of 5540 Mercedes Dr Cumming GA 30041 | MLS 7442580
5540 Mercedes Dr
Cumming, GA 30041 MLS# 7442580

  • Bedrooms

    4

  • Baths

    2

  • Full Baths

    2

  • Year Built

    1970

  • Days On Market

    64

  • Half Baths

    0

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Home Description: 5540 Mercedes Dr

Currently being remodeled. INVESTOR SPECIAL with fabulous LAKE LANIER ACCESS! NO HOA. Great option as primary owner with rental potential for either floor. Very unique opportunity for 2 level home with a total of 4 bedrooms and 2 baths. Originally designed with parking under the main home with stairs up to the 2/1 above. Lower level finished prior to seller's ownership with 3 drives ways poured on corner lot with 2 fixed double car carports and a single fixed carport to allow for tons of parking to property! Sits on one of the larger lots in the neighborhood boasting .33 acres. DIRECTLY ACROSS THE STREET TO THE PRIVATE GATED LAKE ACCESS AND BOAT LAUNCH! Optional POA for lake access. The property has endless opportunities for investment income or as primary residence. Could even add a structure due to lot size! TRULY A MUST SEE at this price! (Tax rolls only reflect the original 4 bed/2 bath but this is (2) 2bed/bath units and square footage is accurate.

  • Address: 5540 Mercedes Dr
  • City: Cumming
  • Zip: 30041
  • County: Forsyth
  • Community Features: Lake
  • Square Feet: 1840
  • Sq. Ft. Source: Public Records
  • Pool: None
  • Water Body Name: None
  • Waterfront Features: None
  • Water Source: Public
  • Interior of Property: Other
  • Rooms: Family Room
  • Flooring: Ceramic Tile,Hardwood,Vinyl
  • Kitchen Features: Laminate Counters,View to Family Room
  • Kitchen Appliances: Electric Range,Electric Water Heater,Refrigerator
  • Fireplace: None
  • Number Fireplaces: 0
  • Bedrooms: {"Split Bedroom Plan"}
  • Master Bath: {"Shower Only"}
  • Dinning Room: Open Concept
  • Laundry: Common Area
  • Other Equipment: None
  • Patio/Porch Features: Deck
  • Security Features: None
  • Common Walls: No Common Walls
  • Basement: None
  • Parking: Carport,Kitchen Level
  • Carport Spaces: 3
  • Lot Dimensions: 105x154
  • Lot Size Acres: 0.33

Available now at $365,000

  • Type: Single Family
  • Style: A-Frame
  • Levels: Two
  • Property Condition: Resale
  • Road Type: Gravel
  • Cooling: Window Unit(s)
  • Heating: Propane
  • Sewer: Public Sewer
  • Green Energy Efficient: None
  • Green Energy Generation: None
  • Exterior of Property: Balcony
  • Construction Materials: Vinyl Siding
  • Roof Type: Tar/Gravel
  • Other Structures: Shed(s)
  • Tax Year: 2023
  • Home Warranty: No

Neighborhood

The average asking price of a 4 bedroom Cumming home in this zip code is $767,377 (110.2% more than this home).

This home is priced at $198/sqft, which is 26.4% less than similar homes in the 30041 zip code.

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5540 Mercedes Dr Cumming GA 30041

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School Information

  • Elementary:Chattahoochee - Forsyth
  • Middle School:Little Mill
  • High School:Forsyth - Other

Financial

  • Approx Payment:$1,776*
  • Taxes:$109

Area Stats

These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or to obtain statistics not shown below please call EasyStreet Realty at (770) 369-1877 and speak with one of our real estate consultants.

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Listing Courtesy of Mark Spain Real Estate.

5540 Mercedes Dr, Cumming GA is a single family home of 1840 sqft and is currently priced at $365,000 . This single family home has 4 bedrooms. A comparable home for sale at 2840 Napa Vly in Cumming is listed at $535,000. This home on 5540 Mercedes Dr has not had a price change. In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Cumming, GA. Moores Crossing, Mountain Ridge and Hutchinson Pointe are nearby neighborhoods. MLS 7442580F has been posted on this site since 9/3/2024 (today).

2024 11/4/2024

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