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. 

©2025 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed. 

Data last updated 2:16 PM UTC, 3/9/2025

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