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2498 Robinhood Drive

$429,000

2498 Robinhood Drive, Ellenwood, GA 30294

Active
Last Updated: 10/26/2026

10.77

Cap Rate

46,206

NOI

Details:
Cap Rate:    10.77%
NOI:    $46,206
Units:    3
Year Built:    1986
Parking Spots:    6
Highlights:
  • Lot Features: Other
  • Gross Income: 55200
  • Bathrooms Total: 0
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Flooring: Laminate, Tile, Other
  • Construction Materials: Brick, Cement Siding, Other
  • Parking Features: Driveway
  • Accessibility Features: None
  • Security Features: Carbon Monoxide Detector(s)
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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