GA > Canton > Herndon
Canton, GA 30114,350 Herndon LN
Canton, GA 30114,350 Herndon LN
Canton, GA 30114,350 Herndon LN
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$3,095,000
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1 Acres Lot
Active

350 Herndon LN Canton, GA 30114

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Sherry Ajluni

Sherry Ajluni

+1(678) 283-1710

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Herndon

MLS Listing ID 7537389

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1997

Annual Tax Amount $19,276

Tax Year 2024

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Other

Property Description

Seller is offering 3-year interest only seller financing at 4.75% to a buyer with $975,000 down, subject to acceptable multi-family experience and terms. This allows a buyer the opportunity to generate cash flow immediately while implementing a value-add strategy to enhance the cash flow and appreciation at the property. Don't miss this unique investment opportunity! This multi-family property features 4 buildings with 6 units within each building (24 units total) and a laundry room. The property addresses are 245, 330, 350 & 360 Herndon Way. 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. There is no HOA. Priced significantly below replacement cost, this is a rare opportunity to acquire a property like this in the City of Canton and Cherokee County. Cherokee County is expected to be among the top counties in the metro Atlanta area for population growth, offering strong appreciation prospects for your investment.

Location

State GA

County Cherokee

Lake Name None

Interior

Heating Electric

Cooling Electric

Window Features None

Exterior

Parking Features Paved

Fence None

Community Features None

Utilities Available Electricity Available, Water Available, Sewer Available

Waterfront Description None

View Other

Roof Type Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 9

Private Pool false

Building

Lot Description Other

Story Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Structure Type Vinyl Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools J. Knox

Middle Schools Teasley

High Schools Cherokee

Others

Senior Community no

Tax ID 91N19 009

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner May Carry

Listing Terms 1031 Exchange, Cash, Conventional, Owner May Carry

Special Listing Condition None

First Multiple Listing Service(FMLS)
Listed by Owens Management Group, LLC

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agent

Sherry Ajluni

Team Leader | License ID: 289349

+1(678) 283-1710

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350 Herndon LN

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