350 Herndon Lane
Canton, GA 30114
1.00 acre | #7494788
Description
Don’t miss this unique investment opportunity! This multi-family property features 12 units within two buildings (6 units in each building) and a laundry room. The property addresses are 350 & 360 Herndon Lane and are on one tax parcel. The property is located within 5 miles of historic downtown Canton and I-575. Six spacious townhouses with 2 bedrooms and 2.5 baths. Six one bedroom and one bath efficiency apartments on the lower level. Most units have long-term tenants but there is opportunity to increase rents to market value. Owner has renovated some units in the complex and has seen an increase in rents by 35%-50%. There is no HOA.
Property Details
- Utility FeaturesElectricity Available, Water Available, Sewer Available
- CountyCherokee - GA
- Sewer InformationPublic Sewer
- Original List Price$1,559,900
- Property TypePurchase
- High SchoolCherokee
- SubdivisionHerndon
- Elementary SchoolJ. Knox
- Middle SchoolTeasley
- Taxes Annual$10,891
- MLS #7494788
- Cost1559900
- MLS #7494788
- Utility SourcePublic
- Property ConditionResale
- ViewOther
- Lot DescriptionOther
- Parking FeaturesPaved
- Property SubtypeOther
- Year Built1997
- Acres1
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Holly Owens (#OWENSHOL)
Listing Office: Owens Management Group, LLC (#OMGP01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
