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2014 Ellison Way NW

Kennesaw, GA 30152

– beds
– baths
– sqft
1,742 sqft lot
2005 build
– on site

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.

Listing courtesy of GAMLS / Mike Schneider / Atlanta Communities

Last checked: Checking… • Last updated Feb 13, 2025 •

MLS# 10457934 —

This property is listed in more than one place. See it here.

The Building

Year Built:

2005
Construction Materials:

Other, Wood Siding
Structure Type:

Townhouse
# of Units Total:

1
Unit:

15
Foundation Details:

Slab
Levels:

Two
Basement:

None

Interior

Total Fireplaces:

1

Financial & Terms

Possession:

Close Of Escrow
Owner Pays:

Cable TV, Electricity, Gas

Location

Latitude:

34.005338
Longitude:

-84.606722

The Property

Property Type:

Residential Income
Property Condition:

Resale
Lot:

89
Lot Size Acres:

0.04
Lot Size Source:

Public Records
Parcel Number:

20017500720
Land Lot:

0175

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$4,033

Heating & Cooling

Heating:

Central
Cooling:

Ceiling Fan(s), Central Air

Utilities

Utilities:

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

Public Sewer
Water Source:

Public

Schools

District:

20
Elementary School:

Hayes
Elementary Bus:

Yes
Middle School:

Pine Mountain
Middle School Bus:

Yes
High School:

Kennesaw Mountain
High School Bus:

Yes

The Community

Subdivision:

Ellison Lake
Community Features:

Clubhouse, Pool, Sidewalks, Street Lights, Tennis Court(s), Walk To Public Transit, Walk To Schools, Walk To Shopping
Association:

Yes
Annual Association: Fee

$275
Association Fee Includes:

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

Parking

Parking Features:

Garage
Parking Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/12/25 Feb 12, 2025	Listed / Active	GAMLS	$365,000

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This multifamily located in Waterside at Ellison Lakes, Kennesaw, GA 30152 is currently for sale for $365,000. 2014 Ellison Way NW is a – square foot multifamily with – beds and – baths that has been on Estately for 7 days. 2014 Ellison Way NW is in the Waterside at Ellison Lakes neighborhood of Kennesaw and has a WalkScore® of 36, making it car-dependent. This multifamily is in the attendance area of Hayes Elementary School, Kennesaw Mountain High School, and Pine Mountain Middle School.

Listing Courtesy of: GAMLS and Atlanta Communities.

© 2025 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. GAMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.