2014 Ellison Way NW
Kennesaw, GA 30152
0.04 acres | #7523265
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
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Mike Schneider (#MIKESCHN)
Listing Office: Atlanta Communities (#ATCM05)
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