About 350 Herndon Lane
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.
Features of 350 Herndon Lane
| MLS® # | 10423195 |
|---|---|
| Price | $1,559,900 |
| Bathrooms | 0.00 |
| Acres | 1.00 |
| Year Built | 1997 |
| Type | Residential Income |
| Status | Active |
| Basement | No |
Community Information
| Address | 350 Herndon Lane |
|---|---|
| Subdivision | Herndon |
| City | Canton |
| County | Cherokee |
| State | GA |
| Zip Code | 30114 |
Amenities
| Utilities | Electricity Individual Meters |
|---|---|
| Parking Spaces | 9 |
| Parking | Over 1 Space per Unit |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | Electric |
| Has Basement | No |
| Basement | None |
| Fireplace | No |
| Stories | Three Or More |
Exterior
| Construction | Vinyl Siding |
|---|
School Information
| Elementary | Knox |
|---|---|
| Middle | Teasley |
| High | Cherokee |
Additional Information
| Days on Market | 46 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Owens Management Group, Llc |
|---|