See all 7 photos
7 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Holly E. Owens • Owens Management Group, LLC
$1,559,900
Est. payment /mo
1 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Herndon
MLS Listing ID 10423195
Construction Status Resale
HOA Y/N No
Year Built 1997
Annual Tax Amount $10,891
Tax Year 2023
Lot Size 1.000 Acres
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
Rooms
Basement None
Interior
Heating Electric
Cooling Electric
Exterior
Parking Features Over 1 Space per Unit
Garage Spaces 9.0
Community Features None
Utilities Available Electricity Individual Meters
Building
Story Three Or More
Sewer Public Sewer
Level or Stories Three Or More
Construction Status Resale
Schools
Elementary Schools Knox
Middle Schools Teasley
High Schools Cherokee
Read Less Info
© 2024 Georgia Multiple Listing Service. All Rights Reserved.
GET MORE INFORMATION
Renee Stutts
REALTOR®/Sales Advisor | License ID: 408104
REALTOR®/Sales Advisor License ID: 408104