



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!
| Type | School name | District name |
|---|---|---|
| High | Morrow | Not available |
| Elementary | Thurgood Marshall | Not available |
| Middle | Morrow | Not available |
| Juniorhigh | Morrow | Not available |
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $2645 | NZD $4,756* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Weichert, Realtors - The Collective
Property ID: 110120665939
Original Property ID: 3yd-FMLSGA-7856588