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