Active

2014 Ellison Way NW

Kennesaw GA, 30152

$365,000


Active

Residential

Built in 2005

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.

7523265

MLS ID

February 12, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Floor Description

Carpet, Ceramic Tile, Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.04 Acres


Lot Features

Level


Roof

Shingle


Sewer

Public Sewer


Security

None


Window

None

School Information

High School

Kennesaw Mountain


Elementary School

Hayes

Other Property Details

Taxes

$4,033


Tax Frequency

Annually


Days on Market

1


Accessibility

None


Garage

Yes


Parking

Driveway, Garage


Parking Total

4


View

Yes


View Description

Other


County

Cobb - GA


Water Source

Public


Pool

No


Waterfront Features

None


Utilities

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Green Building Features

Green Features

None

Listed by Mike Schneider with Atlanta Communities 770-240-2005

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Data last updated 9:02 PM UTC, 2/20/2025

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