2498 Robinhood Drive, Ellenwood, GA 30294

$429,000
  • 2498 Robinhood Drive, Ellenwood, GA 30294 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#7856588
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSherwood On The Green SCHOOLThurgood Marshall - Morrow

Property Description

10.77% CAP RATE! Three income streams make this Ellenwood triplex a compelling opportunity for investors looking to build or expand their portfolio. Located at 2498 Robinhood Drive, the property features three units with six total bedrooms and all on three units are on separate meters. Unit 1 offers 2 bedrooms and 1 bathroom with rent of $1,500 per month. Unit 2 features 2 bedrooms and 2 bathrooms and is currently occupied at $1,600 per month. Unit 3 includes 2 bedrooms and 2 bathrooms with rent of $1,500 per month. At full occupancy, the listed rents total $4,600 per month, or $55,200 in annual gross rental income. Reported 2025 property taxes were $2,645.40, with trash service, lawn care, and insurance totaling $529 per month. An exciting opportunity to acquire three rental units in one purchase!

2498 Robinhood Drive | MLS# 7856588

This multi-family property located at 2498 Robinhood Drive, Ellenwood, GA 30294 is currently listed for sale with an asking price of $429,000. Robinhood Drive is located within the Thurgood Marshall - Morrow school district. Search Ellenwood real estate on www.adarorealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Lot Size: 0.45 Acres
Roof Type: Composition
Taxes: $2,645
Year Built: 1986

Feature Descriptions

Days on Site: 1
Exterior: Brick, Cement Siding, Other
Lot Dimensions: 194 x 100
Neighborhood Amenities: Near Public Transport, Near Schools, Near Shopping, Other
Parking Notes: Driveway
Parking Total: 6
Security: Carbon Monoxide Detector(s)
Sewer: Public Sewer
Special View Info: Neighborhood, Trees/W
Units: 3
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Water: Public

Local Schools

High School: Morrow
Middle School: Morrow
Elementary School: Thurgood Marshall
School District: Thurgood Marshall - Morrow

Listed By / Shown By

Listed By

Agency Name: Weichert, Realtors - The Collective
Agency Phone: 404-848-0996

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Source: FMLS

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Estimated Payment

$ 1,300.31 per month $954.77 Principal & Interest $220.42 Property Tax $125.13 Homeowner's Insurance

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