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5540 Mercedes Dr Cumming GA 30041 MLS 7358179

PENDING $325,000
Photo one of 5540 Mercedes Dr Cumming GA 30041 | MLS 7358179
5540 Mercedes Dr
Cumming, GA 30041 MLS# 7358179

  • Bedrooms

    4

  • Baths

    2

  • Full Baths

    2

  • Year Built

    1970

  • Days On Market

    6

  • Half Baths

    0

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Home Description: 5540 Mercedes Dr

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 2bed/bath however, square footage appears accurate). APPOINTMENT REQUIRED as home is Owner occupied and 2hr showing notice required due to age of seller.

  • Address: 5540 Mercedes Dr
  • City: Cumming
  • Zip: 30041
  • County: Forsyth
  • Community Features: None
  • Square Feet: 1840
  • Sq. Ft. Source: Public Records
  • Pool: None
  • Water Body Name: Lanier
  • Dock : Boat Launch,Other
  • Waterfront Features: Lake Front
  • Water Source: Public
  • Interior of Property: Bookcases
  • Rooms: Other
  • Flooring: Carpet,Laminate
  • Kitchen Features: Laminate Counters,Second Kitchen,View to Family Room
  • Kitchen Appliances: Electric Cooktop,Electric Oven,Electric Water Heater
  • Fireplace: None
  • Number Fireplaces: 0
  • Bedrooms: {"In-Law Floorplan",Other}
  • Master Bath: {"Shower Only"}
  • Dinning Room: Dining L
  • Laundry: Main Level
  • Other Equipment: None
  • Patio/Porch Features: Covered,Front Porch
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Common Walls: No Common Walls
  • Basement: None
  • Parking: Carport,Driveway,Level Driveway,Parking Pad
  • Carport Spaces: 3
  • Lot Dimensions: 0
  • Lot Size Acres: 0.33
  • Type: Single Family
  • Style: A-Frame
  • Levels: Two
  • Property Condition: Fixer
  • Listing Terms: Cash,Conventional,VA Loan
  • Road Type: Gravel
  • Cooling: Window Unit(s)
  • Heating: Propane
  • Sewer: Septic Tank
  • Green Energy Efficient: None
  • Green Energy Generation: None
  • Exterior of Property: Private Entrance,Rain Gutters
  • Construction Materials: Other
  • Roof Type: Metal,Shingle
  • Other Structures: Shed(s)
  • Fee Amount: $95 Annually
  • Tax Year: 2023
  • Home Warranty: No

Neighborhood

The average asking price of a 4 bedroom Cumming home in this zip code is $791,884 (143.7% more than this home).

This home is priced at $177/sqft, which is 51.0% less than similar homes in the 30041 zip code.

Potential Great Value

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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 Central

Financial

  • Approx Payment:$1,581*
  • Taxes:$235

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) 298-4707 and speak with one of our real estate consultants.

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Listing Courtesy of Berkshire Hathaway HomeServices Georgia Properties.

5540 Mercedes Dr, Cumming GA is a single family home of 1840 sqft and is currently priced at $325,000 . This single family home has 4 bedrooms. A comparable home for sale at 2645 Gentry Walk Ct in Cumming is listed at $530,000. 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. Mountain Ridge, Hutchinson Pointe and Deerwood are nearby neighborhoods. MLS 7358179F has been posted on this site since 3/28/2024 (30 days ago).

2024 4/26/2024

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