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Engel & Völkers Atlanta

atlanta@evatlanta.com +1(404) 845-7724

$ 365,000

Est. payment -/mo

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Active Under Contract

2014 Ellison WAY NW Kennesaw, GA 30152

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Multi Family,Townhouse

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Ellison Lake

MLS Listing ID 10457934

HOA Fees $275

HOA Y/N Yes

Originating Board Georgia MLS 2

Year Built 2005

Annual Tax Amount $4,033

Tax Year 2024

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 1742.4

Property Sub-Type Multi Family,Townhouse

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 Co appealing to todayCOs 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

Rooms

Basement None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Fireplaces Number 1

Fireplace Yes

Exterior

Parking Features Garage

Garage Spaces 4.0

Community Features Clubhouse, Pool, Sidewalks, Street Lights, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Underground Utilities

View Y/N No

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Faces Located just off of Cobb Parkway between Barrett and McCollum. GPS freindly.

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Other,Wood Siding

New Construction No

Schools

Elementary Schools Hayes

Middle Schools Pine Mountain

High Schools Kennesaw Mountain

Others

HOA Fee Include Maintenance Grounds,Private Roads,Reserve Fund,Sewer,Swimming,Tennis,Trash,Water

Tax ID 20017500720

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Resale

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Engel & Völkers Atlanta

+1(404) 845-7724

Engel & Völkers Atlanta

2014 Ellison WAY NW Kennesaw, GA 30152

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2014 Ellison WAY NW