$1,559,900
Pending

350 Herndon

Canton, GA 30114
Type:Multi-Family
Structure:5+ Family
Zone:Residential

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 Individual Meters
      • Property SubtypeMulti Family (5+ Units)
      • Structure TypeMulti Family (5+ Units)
      • Date ClosedFebruary 28, 2025
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • High SchoolCherokee
      • CountyCherokee
      • MLS #10423195
      • MLS #10423195
      • SubdivisionHerndon
      • Middle SchoolTeasley
      • Taxes Annual$10,891
      • Cost1559900
      • Utility SourcePublic
      • Year Built1997
      • Elementary SchoolKnox
      • Acres1
      • Parking Spaces9

Location

Osmany DiloneReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00