Active

350 Herndon Lane

Canton GA, 30114

$1,579,900


Active

Other

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. The property is located within 5 miles of historic downtown Canton and I-575. Three spacious townhouses with 2 bedrooms and 2.5 baths. Three 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%.

7446307

MLS ID

August 28, 2024

Listed

October 17, 2024

Updated

Map

350 Herndon Lane
Canton GA, 30114

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

1 Acre


Lot Features

Other


Roof

Composition


Sewer

Public Sewer

School Information

High School

Cherokee


Elementary School

J. Knox

Other Property Details

Taxes

$10,891


Tax Frequency

Annually


Days on Market

50


Garage

No


Parking

Paved


Parking Total

0


View

Yes


View Description

Other


County

Cherokee - GA


Water Source

Public


Pool

No

Green Building Features

Green Features

None

Listing History

Date

Event

Price

10/11/2024

Price change

$1,579,900

-1%

Listed by Holly Owens with Owens Management Group, LLC 678-316-0117

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Data last updated 5:10 PM UTC, 10/17/2024

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