Active
New
350 Herndon
Canton GA, 30114
$3,095,000
Active
New
Multi-family
Built in 1997
Seller is offering 3-year interest only seller financing at 4.75% to a buyer with $975,000 down, subject to acceptable multi-family experience and terms. This allows a buyer the opportunity to generate cash flow immediately while implementing a value-add strategy to enhance the cash flow and appreciation at the property. Don't miss this unique investment opportunity! This multi-family property features 4 buildings with 6 units within each building (24 units total) and a laundry room. The property addresses are 245, 330, 350 & 360 Herndon Way. 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. There is no HOA. Priced significantly below replacement cost, this is a rare opportunity to acquire a property like this in the City of Canton and Cherokee County. Cherokee County is expected to be among the top counties in the metro Atlanta area for population growth, offering strong appreciation prospects for your investment.
10474557
MLSⓇ ID
March 8, 2025
Listed
March 9, 2025
Updated
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
1 Acre
Sewer
Public Sewer
School Information
High School
Cherokee
Elementary School
Knox
Other Property Details
Taxes
$19,276
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
Over 1 Space per Unit
Parking Total
9
View
No
County
Cherokee
Water Source
Public
Pool
No
Utilities
Electricity Individual Meters
Listed with Owens Management Group, LLC
Based on information from Georgia MLS as of 3/9/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated 2:16 PM UTC, 3/9/2025