$365,000
For Sale

2014 Ellison Way NW

Kennesaw, GA 30152
Browse 27 photos
Type:Purchase
Structure:House
Zone:Residential

Description

High-Return Investment Opportunity with Tenant in Place! Secure a generous cap rate of nearly 7% with this meticulously maintained 3-bedroom, 2.5-bath townhome, built in 2005. Offering instant cash flow, a reliable tenant is already in place and eager to continue their lease at $2,750 per month, making this a truly turn-key investment. The property boasts numerous recent upgrades, minimizing future expenses and maximizing your ROI. Enjoy peace of mind with a new roof (2023), new water heater and PRV (2024), and new garage door openers (2023). The HVAC condenser unit is less than 5 years old, and the beautifully remodeled kitchen (2022) features stainless steel appliances, tile floors, and granite countertops – appealing to today’s renters. Located near Kennesaw State University, Kennestone Hospital, and Kennesaw Mountain, the property also provides convenient access to Marietta Square, The Battery, I-75, and I-575. The spacious end-unit layout includes a large loft, upstairs laundry, and walk-in closets, further enhancing its appeal. Benefit from a community with no rental cap, allowing for maximum investment potential. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location.

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Av
      • Parking FeaturesDriveway, Garage
      • High SchoolKennesaw Mountain
      • Middle SchoolPine Mountain
      • Sewer InformationPublic Sewer
      • SubdivisionEllison Lake
      • CountyCobb - GA
      • Parking TypeDriveway
      • Property TypePurchase
      • Original List Price$365,000
      • MLS #7523265
      • MLS #7523265
      • Utility SourcePublic
      • Taxes Annual$4,033
      • Cost365000
      • Property ConditionResale
      • ViewOther
      • Lot DescriptionLevel
      • Elementary SchoolHayes
      • Property SubtypeOther
      • Acres0.04
      • Year Built2005

Location

Joanna Myles | REAL Broker LLCReal Broker LLC

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10.0%

Interest Rate

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6.0%

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2.6%
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