2014 Ellison WAY NW Active Save Request In-Person Tour Request Virtual Tour
Kennesaw,GA 30152
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Ellison Lake
MLS Listing ID 7523265
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 2005
Annual Tax Amount $4,033
Tax Year 2024
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Other
Property 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.
Location
State GA
County Cobb
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Carpet,Ceramic Tile,Hardwood
Window Features None
Exterior
Parking Features Driveway,Garage
Fence None
Community Features Clubhouse,Near Public Transport,Near Schools,Near Shopping,Near Trails/Greenway,Pool,Sidewalks,Street Lights,Tennis Court(s)
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available
Waterfront Description None
View Other
Roof Type Shingle
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame,HardiPlank Type
New Construction No
Construction Status Resale
Schools
Elementary Schools Hayes
Middle Schools Pine Mountain
High Schools Kennesaw Mountain
Others
Senior Community no
Tax ID 20017500720
Acceptable Financing 1031 Exchange,Cash,Conventional,Other
Listing Terms 1031 Exchange,Cash,Conventional,Other
Special Listing Condition None