Active

350 Herndon Lane

Canton GA, 30114

$1,559,900


Active

Residential

Built in 1997

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.

7494788

MLS ID

December 4, 2024

Listed

December 6, 2024

Updated

Map

350 Herndon Lane
Canton GA, 30114

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

1 Acre


Lot Features

Other


Roof

Shingle


Sewer

Public Sewer

School Information

High School

Cherokee


Elementary School

J. Knox

Other Property Details

Taxes

$10,891


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking

Paved


Parking Total

9


View

Yes


View Description

Other


County

Cherokee - GA


Water Source

Public


Pool

No

Green Building Features

Green Features

None

Listed by Holly Owens with Owens Management Group, LLC 678-316-0117

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. ©2024  First Multiple Listing Service, Inc.

©2024 FMLS. All rights reserved. 

Data last updated 12:10 PM UTC, 12/6/2024

Powered byLuxury Presence