614 E Lake Dr

Description
Step into the spacious Unit A, located on the ground floor. This high ceiling, bright and airy unit comprises two bedrooms, one bathroom, a generously sized living room, dining room, original hardwood flooring, an inviting enclosed patio, a cozy gas fireplace, and a fully-equipped kitchen. With access to a partial, unfinished basement and a door leading to the backyard, this unit offers convenience and comfort. Unit B (Upstairs):
Ascend the stairs to Unit B, an expansive apartment unit on the upper level. Here, you'll find one bedroom, one full bath, a well-appointed kitchen, a sun-drenched living room, and a door providing access to the backyard. Enjoy the peace and tranquility of this top-floor retreat. Unit C (Cottage - located on the back of the property):
Tucked away at the rear of the property, Unit C is a charming cottage-style unit. Boasting approximately 700 square feet of living space, it features one bedroom, one full bathroom, a full kitchen, and a cozy living room. While this unit requires a brand-new kitchen renovation, it offers an excellent opportunity to personalize and upgrade to your liking. Don't miss this chance to own a remarkable income-producing property in the desirable Oakhurst Village of Decatur. With its prime location, original charm, and investment potential, this triplex is truly a hidden gem waiting to be discovered. This gem offers many exit strategies, use it as an investment property and collect rent. Live in one unit and collect rent for the other two units. Or convert to a single-family home. Unit #B has a tenant in place and will vacate before Closing. Buyer is responsible for checking all information provided and performing own due diligence. The seller never lived in the property. Unit A and B:
1 water meter, 2 separate meters for gas and electrical. Landlord pays for the water. Cottage (located on the back):
The cottage has its own water meter, gas, and electrical meters. Parking:
About 5 parking spaces. Driveaway parking and extra parking spaces by the Cottage on the back. An opportunity like this does not come around very often!
- Listed by Naruna Rangel • Keller Williams Realty Metro Atlanta • 404-564-5560
Property Details for 614 East Lake Drive
Property Details for 614 East Lake Drive
| Status | Closed |
|---|---|
| MLS # | 7270818 |
| Days on Market | 3 |
| Taxes | $2,191 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income / Triplex |
| Year Built | 1939 |
| Lot Size | 0.60 AC / 26,136 SF |
| County | DeKalb County |
Location
Sold By Keller Knapp, Weslee Knapp
Building Information for 614 East Lake Drive
Payment Calculator
$3,770 per month
30 year fixed, 6.36% Interest
$3,588
$183
$0
Property Information for 614 East Lake Drive
- Community Features: None
- Directions: Take Oakview to East Lake Dr.
- Lake Name: None
- View: Other, City
- Coordinates: -84.305472, 33.760321
- Parcel Number: 15 213 04 164
- Tax Year: 2022
- Association: No
- Block: 00
- Tax Legal Description: See attached.
- Tax Lot: 1
- School Bus Route Elem: Yes
- School Bus Route High: Yes
- School Bus Route Middle: Yes
- Elementary School: Oakhurst/Fifth Avenue
- High School: Decatur
- Middle School: Beacon Hill
- Open Parking: Yes
- Concessions Amt: $.00
- Cooling: Central Air
- Heating: Central
- Basement: Dirt Floor
- Levels/Stories: Two
- Window Features: None
- Bathrooms Total Interger: 0
- Accessibility Features: None
- Construction Materials: Vinyl Siding
- Fencing: Chain Link
- Roof Type: Composition
- Security Features: None
- Pool Private: No
- Sewer: Public Sewer
- Utilities: Other
- Water Source: Public
- Assumable: No
- Home Warranty: No
- Plat Book: 00
- Plat Page: 00
- Property Condition: Resale
- Possession: Close Of Escrow
- Green Energy Efficient: None
- Green Energy Generation: None
- Section/GMD: 00
- Land lot: 00
- Lot Features: Level
- Acreage Source: Assessor
- Lot Size Dimensions: 62 x 391
- Unit Count: 1
- NUM OF UNITS: 3
- Unit Deposit Amount: $.00
- Unit Electric Included: No
- Unit Features: None
- Unit Garbage Included: Yes
- Unit Gas Included: No
- Unit Half Baths: 0
- Unit Maintenance Included: No
- Unit Occupant: Vacant
- Unit Water Included: Yes
- Unit Rent Amount: $.00
- Unit Full Baths: 1
- Unit Bedrooms: 2
- Terms: Cash
- Occupant Types: Tenant
Property History for 614 East Lake Drive
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 25, 2023 | Sold (Public Record) Public Record #1526374146 | $720,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/25/2023 | Sold (Public Record) Public Record #1526374146 | $720,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 614 East Lake Drive
Schools near 614 East Lake Drive
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 3 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Oakhurst Elementary School PublicPK to 2 | ||
Fifth Avenue Elementary School Public3 to 5 | ||
Beacon Hill Middle School Public6 to 8 | ||
Decatur High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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| Address | Sold price | Beds | Baths | Sqft | Lot AC |
|---|---|---|---|---|---|
$665,000 | 2 | 1 | 1,100 | 0.6 | |
$575,000 | – | – | – | 0.5 | |
– | 3 | 1 | 1,452 | 0.24 | |
$46,200 | 2 | 2 | 1,590 | 0.32 | |
$1,269,000 | 4 | 5 | 2,966 | 0.19 | |
$1,155,000 | 5 | 6 | 3,296 | 0.19 | |
– | 3 | 1 | 1,680 | 0.32 | |
$605,000 | 4 | 3 | 3,086 | – | |
$850,000 | 4 | 4 | 3,015 | 0.56 | |
– | 3 | 1 | 1,630 | 0.48 | |
$415,000 | 5 | 3 | 2,624 | – | |
$355,100 | 4 | 2 | 2,644 | – | |
$1,555,000 | 5 | 4 | 2,825 | 0.2 | |
– | – | – | 21,695 | – | |
$610,000 | 3 | 4 | 2,174 | 0.04 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Keller Williams Realty Metro Atlanta, Naruna Rangel
Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.


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