350 Herndon
Canton, GA 30114
1.00 acre | #10423195
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
Legal
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Last Updated: . Source: GAMLS
Listing Courtesy
Listing Agent: Holly E. Owens (#OWENSHOLLYE)
Listing Office: Owens Management Group, LLC (#OMGR01)
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