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+17706097894
Southmark Properties, Inc.
2498 Robinhood Drive, Ellenwood, GA 30294
- $429,000
- List Price
- $429,000
- Price Change
- ▲ $30,000 1792622334
- MLS#
- 7856588
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Triplex
- Lot Size
- 0.4494
- Subdivision
- Sherwood On The Green
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!
Additional Information
- Stories
- Two
- Construction
- Brick, Cement Siding, Other
- Year Built
- 1986
- Neighborhood Amenities
- Near Public Transport, Near Schools, Near Shopping, Other
- Roof
- Composition
- Lot Dimensions
- 194 x 100
- Parking
- Driveway
- Lot Desc
- Other
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Thurgood Marshall
- Middle School
- Morrow
- High School
- Morrow
- Acres
- 0.45
- Dock
- None
- Annual Expenses
- 6348
- Levels
- Two
- Gross Income
- 55200
- Net Operating Income
- $46,206
- Taxes
- $2,645
Listing courtesy of Weichert, Realtors - The Collective.
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