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$1,559,900

350 Herndon Lane
Canton, Georgia 30114

Active / MLS #7494788 / Multiple Unit (2-4) / Canton
Listing information updated 12/6/2024 at 6:04am
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.
Exterior Type:
Vinyl Siding
Cooling System:
Electric
Heating System:
Electric
Pool:
No
Age:
27 years
Roof Type:
Shingle
Parking Type:
Paved
Parking Spaces:
9
Square Feet:
N/A
Acreage:
1
Tax Amount:
$10,891
Tax Year:
2023
Zip Code:
30114
City:
Canton
County:
Cherokee - Ga
Elementary School:
J. Knox
Middle School:
Teasley
High School:
Cherokee

Listing Office: Owens Management Group, LLC

Listing Office Phone: 678.316.0117

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Canton

Canton, GA

Once a thriving mill town known for producing denim, Canton is a city of just under 28,000 people located about 40 miles north of Atlanta offering the convenience of living close to a major metropolitan area along with the charming slow pace of a smaller town. Residents and visitors love the wide-op...
$583,259
Average Sale Price
42
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 350 Herndon Lane, Canton, GA 30114

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350 Herndon Lane is a multiple unit (2-4) currently listed at $1,559,900. This multiple unit (2-4) has been listed on Ansley Real Estate Christie's International since December 4th, 2024 and was built in 1997. Nearby schools include J. Knox, Teasley, and Cherokee.