3927 Wabash Lane, Ellenwood, GA 30294
Local realty services provided by:CENTURY 21 Novus
3927 Wabash Lane,Ellenwood, GA 30294
$210,000
- 8 Beds
- 2 Baths
- 1,782 sq. ft.
- Single family
- Active
Listed by: josh stanton
Office: keller williams realty
MLS#:10803481
Source:METROMLS
Price summary
- Price:$210,000
- Price per sq. ft.:$117.85
About this home
Options abound for this contemporary, furnished coliving rental. Currently generating over $3,200 per month in rent, you can reposition the property and bring rents up to market for robust returns north of a 12% cap rate. Or, with after repair values north of $300,000, this home could be a great BRRRR or flip. Already operating as a rental and in need of only minor TLC, there are many value-add plays here. Inside, soaring vaulted ceilings greet you, alongside an updated kitchen with granite countertops and white cabinets, updated bathrooms, LVP flooring throughout, and a dedicated laundry room. Outside, a long, wide driveway offers abundant off-street parking, and the large, level backyard is framed by mature trees for privacy. More than $38,500 in rent over the past year means you collect income from day one while you execute your plan. After some modest improvements, pro forma income as a furnished coliving rental runs over 24%+ cash-on-cash ROI even after management fees, north of 30% if you do self-managed co-living. Whether you plan to keep it or reposition it, you have options. Sold as-is. Pro forma and full financials available upon request....
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Home facts
- Year built:1985
- Subdivision & Development:River Run
- Listing ID #:10803481
- Updated:August 27, 2026 at 11:04 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Bedroom Description:Roommate Plan
- Living area:1,782 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1985
- Building area:1,782 sq. ft.
- Lot area:0.38 Acres
- Lot Features:Private
- Construction Materials:Wood Siding
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Cedar Grove
- Middle school:Cedar Grove
- Elementary school:Oak View
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$210,000
- Price per sq. ft.:$117.85
- Tax amount:$4,252 (2025)
Features and amenities
- Appliances:Dishwasher, Microwave, Refrigerator
- Laundry features:Laundry, Laundry Closet
Parking
- Total parking spaces:2
- Parking description:Off Street Parking, Parking Pad
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