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Sold for $3,200,000 on 08/24/23
  • $3,200,000

    905 Cherokee Chase Dr, Cumming, GA 30040

    1beds
    0baths
    2,280sqft
    MultiFamily
    Built in 1984
    -- sqft lot
    $-- Zestimate®
    $1,404/sqft
    $1,550 Estimated rent

    Owner options

    List your home for rent

    $1,550/mo

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    $1,550/mo

    Rent Zestimate®

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    $18,794/mo

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    $18,794/mo

    Est. payment

    What's special

    DO NOT DISTURB TENANTS - This is One Ranch Duplex (2 units) for sale. 2 br/ 2 bath each unit. $33780 gross rents per year ($1465 Unit 905 per month and $1350 Unit 915 per month). $1391 taxes per year. $1500 insurance per year. Income LESS taxes and insurance = $30,889 Tenants are on a month to month and pay their rent through MoneyGram (with auto deposit to Landlord's account)... Easy rent collection. Forsyth County is a hot market with infill of vacancies through word of mouth...never have to advertise vacancies. Seller owns 9 of the 11 duplexes on the street and is looking to sell one per year for retirement purposes. 1. Buyer must provide proof of funds and pre-qualification letter through reputable lender. Interior walk through will occur only during inspection period. 2. Do not walk the property. Do not walk around the units or talk to tenants.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 0
    Heating
    • central
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,280 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Exterior features: cedar
    Lot
    • Size: 0.40 Acres
    Details
    • Parcel number: C10002

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Wood
    Condition
    • Year built: 1984

    Community & neighborhood

    Location
    • Region: Cumming