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Listing provided courtesy of Point Honors and Associates, RealtorsMLS# 7775525MLS Provider
  • 33 days on site
  • 0 views

Excellent turnkey investment opportunity in a high-demand Marietta location close to I-75, I-285, and minutes from The Battery Atlanta! This solid 3-story triplex sits on a private lot and features three spacious 2-bedroom, 2-bathroom units, each boasting a highly functional floor plan with a separate formal dining room and a cozy fireplace in the living room. The property offers a seamless mix of value-add potential and stability, as some units have been renovated while others remain classic. Professionally managed with seamless operations from day one, the building is occupied by long-term tenants. Perfect for a seasoned investor looking for reliable cash flow with potential rental increases with further renovations, providing the perfect future window to place a new tenant at top market rent, as only 1 of the 3 units have been renovated. Units with this layout and location historically rent quickly. The 3 units are 2885, 2887, and 2889 Lakemont Drive SW.

Source: FMLS, MLS#: 7775525

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  • Property Type
    Residential Income
  • Lot
    0.33 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2885 Lakemont Drive SW

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/9/2026Source: Georgia MLS Status Change
Active
5/27/2026Source: Georgia MLS Added to Database
May 27, 2026
5/27/2026Source: FMLS Added to Database
May 27, 2026
1/4/2023Source: FMLS Added to Database
January 04, 2023
12/28/2022Source: Georgia MLS Added to Database
December 28, 2022
11/30/2022Source: FMLS Added to Database
November 30, 2022