Homes for sale - 350 Herndon LN, Canton, GA 30114

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$1,559,900

Est. payment - /mo

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1 Acres Lot

Active

350 Herndon LN Canton, GA 30114

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Terence Richardson

terence@richardsonrealestategroup.com +1(678) 785-5275

UPDATED:

12/06/2024 11:43 AM

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Herndon

MLS Listing ID 7494788

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1997

Annual Tax Amount $10,891

Tax Year 2023

Lot Size 1.000 Acres

Acres 1.0

Property 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.

Location

State GA

County Cherokee

Lake Name None

Interior

Heating Electric

Cooling Electric

Window Features None

Exterior

Parking Features Paved

Fence None

Community Features None

Utilities Available Electricity Available, Water Available, Sewer Available

Waterfront Description None

View Other

Roof Type Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 9

Private Pool false

Building

Lot Description Other

Story Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Vinyl Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools J. Knox

Middle Schools Teasley

High Schools Cherokee

Others

Senior Community no

Special Listing Condition None

Listed by Owens Management Group, LLC