350 Herndon Lane
$1,559,900
—
—
—
—
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 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...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.
- Listed by Holly Owens • Owens Management Group, LLC
Property Details for 350 Herndon Lane
Subdivision Complex
Herndon
Num Of Parking Spaces9
Parking FeaturesPaved
Property AttachedNo
Waterfront FeaturesNone
LISTING UPDATED: 12/06/2024 06:38 AM
Property Details for 350 Herndon Lane
Status | Active |
---|---|
MLS # | 7494788 |
Days on Market | 13 |
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$320,520Total$340,520
Tax Record2024$9,747 ($812 / 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 | |||
Public - | 4 to 12 |
Rating | School | Distance |
---|---|---|
J. Knox Elementary School PublicPK to 5 | ||
Teasley Middle School Public6 to 8 | ||
Cherokee High School Public9 to 12 | ||
iGrad Virtual Academy School Public4 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.