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