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® # | 7494788 |
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Price | $1,559,900 |
Bathrooms | 0.00 |
Acres | 1.00 |
Year Built | 1997 |
Type | Residential Income |
Sub-Type | Other |
Status | Active |
Has Master On Main | No |
Basement | No |
Community Information
Address | 350 Herndon Lane |
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Subdivision | Herndon |
City | Canton |
County | Cherokee - GA |
State | GA |
Zip Code | 30114 |
Amenities
Utilities | Electricity Available, Water Available, Sewer Available |
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Parking Spaces | 9 |
Parking | Paved |
View | Other |
Is Waterfront | No |
Waterfront | None |
Has Pool | No |
Interior
Heating | Electric |
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Cooling | Electric |
Has Basement | No |
Fireplace | No |
Stories | Three Or More |
Exterior
Lot Description | Other |
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Windows | None |
Roof | Shingle |
Construction | Vinyl Siding |
School Information
Elementary | J. Knox |
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Middle | Teasley |
High | Cherokee |
Additional Information
Foreclosure | No |
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Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Owens Management Group, LLC |
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