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2498 Robinhood Drive, Ellenwood, GA 30294

$429,000

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List Price: $429,000
MLS#: 10877074
Type: Multifamily
City: Ellenwood
County: Clayton
Subdivision: Sherwood On The Green
Year Built: 1986

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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!

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Additional Information

Elementary School: Marshall Elementary School
High School: Morrow
Parking: Attached, Parking Pad
Basement Type: None
Stories: 2 Stories
Fees Include: None
Tax Year: 2025