350 Herndon LN Active Save Request In-Person Tour Request Virtual Tour
Canton,GA 30114
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Herndon
MLS Listing ID 10423195
Year Built 1997
Annual Tax Amount $10,891
Tax Year 2023
Lot Size 1.000 Acres
Property Sub-Type Multi Family
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
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
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Knox
Middle Schools Teasley
High Schools Cherokee
Others
Special Listing Condition Resale