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 – appealing to today’s 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.
The median home value in Kennesaw, GA is $416,500. This is higher than the county median home value of $400,900. The national median home value is $338,100. The average price of homes sold in Kennesaw, GA is $416,500. Approximately 64.82% of Kennesaw homes are owned, compared to 29.43% rented, while 5.75% are vacant. Kennesaw real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kennesaw real estate agent to arrange a tour today!
Kennesaw, Georgia has a population of 33,036. Kennesaw is more family-centric than the surrounding county with 38% of the households containing married families with children. The county average for households married with children is 34.12%.
The median household income in Kennesaw, Georgia is $73,977. The median household income for the surrounding county is $86,013 compared to the national median of $69,021. The median age of people living in Kennesaw is 35.6 years.
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 29.7 degrees. The average rainfall is approximately 52.7 inches per year, with 2.4 inches of snow per year.