Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1972
Sq.Footage
N/A
Positioned in the heart of East Cobb, this beautifully updated 3-bedroom, 2-bath home offers a rare combination of immediate income, value-add opportunity, and top-tier location—all for under $400K. The property features 1,476 sq ft of fully conditioned living space, a spacious 272 sq ft rear deck, and a charming covered front porch on a level 0.30-acre lot. Currently leased at $2,650/month on a month-to-month basis with professional management, this home provides stable, low-risk income from day one. A standout feature is the enclosed, powered, and drywalled garage, offering an easy pathway to a 4th bedroom, private office, or studio conversion. By simply adding HVAC, buyers can unlock $1,200–$1,350/month in additional rental income—pushing total gross rent potential to ~$3,900/month. This positions the home perfectly for a 1.20+ DSCR refinance or future resale at a projected ARV of $520K+. Located minutes from I-75 and zoned for Addison Elementary, Simpson Middle, and Sprayberry High, this is a high-yield asset in one of Cobb County’s most sought-after corridors. Whether you're an investor or a savvy homeowner, this property delivers stability, scalability, and unmatched potential.
Features & Amenities
Interior
-
Other Interior Features
Breakfast Bar, High Speed Internet
-
Total Bedrooms
3
-
Bathrooms
2
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.298
-
Property Type
Residential
-
Architectural Style
Ranch
Exterior
-
Garage
No
-
Construction Materials
Cement Siding
-
Other Exterior Features
Private Yard
-
Parking
Garage Door Opener, Driveway
Financial
-
Sales Price
$396,000
-
Tax Amount
3851.0
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Location
County
Cobb
Elementary School
Addison
Middle School
Simpson
High School
Sprayberry
Listing Courtesy of Andres Penaloza , TEAM Real-Estate
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