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Connor Culkin

connor@culkinfamilyhomes.com +1(678) 602-6679

$ 365,000

Est. payment -/mo

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Active

2014 Ellison WAY NW Kennesaw, GA 30152

1,742 Sqft Lot

UPDATED:

02/13/2025 11:01 AM

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

Listed by Atlanta Communities

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Connor Culkin

+1(678) 602-6679

Home Specialist | License ID: 395736

Home Specialist License ID: 395736