Active
350 Herndon Lane
Canton GA, 30114
$1,559,900
Active
Multi-family
Built in 1997
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.
10423195
MLSⓇ ID
December 6, 2024
Listed
December 20, 2024
Updated
Map
350 Herndon Lane
Canton GA, 30114
Interior Features
Total Stories
3
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
$10,891
Tax Frequency
Annually
Days on Market
14
Garage
No
Parking
Over 1 Space per Unit
Parking Total
9
View
No
County
Cherokee
Water Source
Public
Pool
No
Listed with Owens Management Group, LLC
Based on information from Georgia MLS as of 12/20/2024. 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.
©2024 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed.
Data last updated 6:38 AM UTC, 12/20/2024
