350 Herndon Lane
$1,579,900
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Description
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...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%.
- Listed by Holly Owens • Owens Management Group, LLC
Property Details for 350 Herndon Lane
Subdivision Complex
Herndon
Num Of Parking Spaces0
Parking FeaturesPaved
Property AttachedNo
Waterfront FeaturesNone
LISTING UPDATED: 10/17/2024 12:38 PM
Property Details for 350 Herndon Lane
Status | Active |
---|---|
MLS # | 7446307 |
Days on Market | 69 |
Taxes | $10,891 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Other |
Year Built | 1997 |
Lot Size | 1.00 AC / 43,560 SF |
County | Cherokee County |
Building Information for 350 Herndon Lane
Stories3Residences12Year Built1997Building Size-Lot Size1.00 AC / 43,560 SF
Property Information for 350 Herndon Lane
Public Records for 350 Herndon Lane
Taxable ValueLand$20,000Additions$359,480Total$379,480
Tax Record2023$10,891 ($908 / month)
Home Facts
Beds6Total Finished SqFt5,640 SqFtAbove Grade Finished SqFt5,640 SqFtStories2Lot Size43,560 SqFtStyleTownhouseYear Built1997ZoningR-5CountyCHEROKEEAPN91N19 009Fireplace TypeHas Fireplace
Schools near 350 Herndon Lane
This home is within Cherokee County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
J. Knox Elementary School PublicPK to 5 | ||
Teasley Middle School Public6 to 8 | ||
Cherokee High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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