887 Ventnor Place SW Marietta, GA $ 1,100,000
887 Ventnor Place SW
$ 1,100,000
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887 Ventnor Place SW

Marietta, GA, 30008
$ 1,100,000
Baths0.0

Monthly Estimate*

$ 7,311

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Studio

Multi-Family Home for sale in Marietta, GA

for $1,100,000. This home was built in 1982 on a lot size of 0.362.

Walk into a seamless blend of Modern comfortable living. All four units have been recently updated to ensure that the traveling Business Professionals, tourist, out of town holiday guests, and long-term guests have an inviting atmosphere to come home to after a day of work, visiting family, or touring the Atlanta area. Equipped with super-fast WIFI, smart thermostats, electric door locks, and other modern amenities. Plus 18 low voltage lights that luminate the property with cameras that allow the property owner or their manager to manage the property from the palm of your hand in moments. Unit Breakdown Unit 1. Three Bedroom/1 .5 baths with a bonus Vanity Room with sink and mirror. Unit 2. Two Bedrooms/One Bath plus Jack and Jill with a Vanity Sink and Mirror in each master bedroom. Unit 3: Two Bedrooms/One Bathroom Unit plus Jack and Jill with a Vanity Sink and Mirror in each master bedroom Unit 4: Two Bedrooms/One Bath plus Jack and Jill with a Vanity Sink and Mirror in each master bedroom. In 2023, the properties interior and exterior were repainted plus new flooring in two of the four units. In 2021, all buildings had new roofs installed. Financials: Vacation Rental Yearly Income: 2020. $95,356.37 2021 $101,347.76 2022. $ 91569.01 2023. 2023 Ytd $ 94,667 Occupancy Rate: 75 percent Vacancy rate with out of state Owner using one unit. Fully furnished units with contemporary decor Established presence on leading vacation rental platforms. Other amenities: 1. Laundry Shed with 2 washers and 2 Gas Dryers filled with extra supplies for each unit. 2. Storage shed for maintenance supplies and equipment. 3. Office Shed or personal exercise room. Location: This quadruplex Zoning is R6. enjoys proximity to nearby attractions, entertainment, shopping hospital and dining options. 2 miles to Marietta Square, 8 minutes to KSU's Marietta Campus, Life District. 12-minute drive to Six Flags or downtown Quick access to I-75 QUALIFIED BUYERS ONLY: Do not visit property or disturb tenants. By appointment only. Each unit is fully furnished with total furnishing, appliances including washers and dryer and all the comforts of home. Buyer must show a preapproval letter and proof of funds to proceed and submit the highest and best offer. Perfect 1030 Exchange property.

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,874

Style

Multi Family,Quadruplex

Lot Size

0.362

Year Built

1982

Town/City

Marietta

County/Region

Cobb

MLS | Web ID

10234226

Features
General
Sewer Public Sewer
Heating Central Forced Air Natural Gas
Cooling Ceiling Fan(s) Central Air Electric
Utilities Electricity Individual Meters
HOA 0
Association Fee Includes None
Construction Materials Brick Press Board
Year Built 1982
Levels Two
Property SubType Multi Family Quadruplex
Tax Year 2023
Gross Income 94667
Community Features None
County Cobb
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Contingency Other
Energy Efficient Thermostat
Subdivision Name Marvin Gardens
Garage Y/N N
Status Active
Directions Power Springs Rd to cunningham to pastel to Ventnor Place Seller is a licensed GA Real Estate Broker.
High School North Cobb
City Marietta
Buyer Agent Compensation 2.5
Body of Water None
View Y/N N
Senior Community Y/N N
Total Units 4
Lot Size Square Feet 15768.72
Waterfront Y/N N
Carport Y/N N
Street Name Ventnor
Elementary School Cheatham Hill
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2874
Electric Expense 0
Home Warranty Y/N N
Fuel Expense 0
Middle/Junior High School East Cobb
Property Condition Updated/Remodeled
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Place
Electric On Property Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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Exterior
Parking Features Parking Pad
Water Source Public
Total Parking 0
Lot Size Area 15768.72
Spa N
Lot Size Acres 0.362
Lot Size Units Square Feet
Lot Size Source Public Records
Open Parking Y/N Y
Horse Y/N N
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* Excluded Features
List By
Lokation Real Estate Llc

Broker

donearlbroker@gmail.com

Email

Affordability Calculator

$7,550
Per Month
97%
3%
0%
Monthly Principal & Interest
$7,311
Monthly Property Taxes
$240
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4482522 Elementary School
4477490 Middle School
North Cobb High School High School
Pricing History
DatePricePrice ChangeDescription
1/10/2024$1,100,000 -26.67% Price Down
12/18/2023$1,500,000 Listed Price

Map


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887 Ventnor Place SW, Marietta, GA, 30008 is a Multi-Family Home for sale at $1,100,000 with a lot size of 0.362. 887 Ventnor Place SW is a studio with 0.0 baths and was built in 1982. The property's zip code is 30008 which is in Marietta, GA