1026 Knotts Pointe Dr - As-Is Opportunity with Multi-Gen/Rental Income Potential Smart investors and growing families take note: Built in 1983 and offered as-is, this property rewards buyers willing to envision its potential. THE MAIN DRAW: INCOME-READY IN-LAW SUITE The basement features a complete finished in-law suite with separate bedroom, full bath, and kitchenette-perfect for rental income, multi-generational living, or aging parent care. This is increasingly valuable in today's market and a genuine income-generating asset. In addition to the finished in-law suite, one side of the garage has been converted into a bonus room, providing extra flexibility for office, hobby space, or guest accommodation. This multi-use potential significantly enhances the property's investment value. MAIN LEVEL LIVING Welcoming great room with fireplace and built-in cabinetry. Open floor plan flows to formal dining room and spacious kitchen with breakfast nook. The 4-season room opens to a large private wooded backyard. Upstairs master suite features vaulted ceiling, walk-in closet, soaking tub, and separate shower. Three additional bedrooms share hall bath. Recently refinished hardwood floors with new carpet upstairs. MODERN EFFICIENCY Tankless water heater and cement siding. Substantial parking at top of driveway. Tesla Wall Charger Installed. LOCATION Direct access to Hwy 92 between I-575 and I-400, at the Cherokee/Cobb county line. Minutes from Alpharetta, Roswell, East Cobb shopping and dining. Top-rated schools. Cherokee County taxes. AS-IS DISCLOSURE This home is sold as-is. Exterior elements including retaining wall will require buyer attention. Price reflects current condition. Ideal for investors or buyers prepared to add personal touches. INVESTMENT POTENTIAL Strong opportunity for owner-occupant with rental in-law suite income, or multigenerational family living.
Property Details
- Interior
- Bookcases,Central Vacuum,In-Law Floorplan,Pulldown Attic Stairs,Roommate Plan,Separate Shower,Walk-In Closet(s)
- Fireplaces
- 1
- Cooling
- Attic Fan,Ceiling Fan(s),Central Air
- Heating
- Central
- Cooling Features
- Attic Fan,Ceiling Fan(s),Central Air
- Bedrooms
- 4
- Bathrooms
- 3.5
- Full Baths
- 3
- Half Baths
- 1
- Lot Features
- Open Lot,Sloped
- Stories
- 2
- Lot Description
- Open Lot,Sloped
- Acres
- 0.58
- Parking Features
- Garage, Garage Door Opener, Parking Pad
- Parking
- Garage,Garage Door Opener,Parking Pad
- Parking Type
- Garage
- Property Type
- Purchase
- Style
- Traditional
- Basement
- 1
- Basement Description
- Bath Finished,Full
- Basement Finished
- 1
- Year Built
- 1983
- Roof
- Composition
- Sewer Information
- Septic Tank
- Utility Source
- Public
- Utility Features
- Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Water Available
- Appliances
- Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Oven/Range (Combo),Refrigerator,Tankless Water Heater,Trash Compactor,
- Subdivision
- KNOTTS POINTE
- Elementary School
- Arnold Mill
- Middle School
- Mill Creek
- High School
- River Ridge
- County
- Cherokee
- Region
- Woodstock
- Original List Price
- $460,000
- Days on Market (Cumulative)
- 33
- Taxes Annual
- $4,042
Location
Legal
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Provided By
Listed by Charles D Medalie (#MEDALIECHARL)
Listing Office: Reeve Real Estate (#RVRE01)
