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$3,095,000

Beds
Unknown
sq ft
Unknown

350 Herndon Ln, Canton, GA 30114

350 Herndon Ln

Canton, GA 30114

  • 28 days on market
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.

Details

Property type

Lot size

1.00 acres

Price per sq ft

Unknown

Year built

1997

Annual property taxes

$19,276

HOA

No

Price History

03/07/2025
FMLS

FMLS #7537389

Listed
$3,095,000
+95.9%
12/06/2024
FMLS

FMLS #7446307

Removed
$1,579,900
10/11/2024
FMLS

FMLS #7446307

Price change
$1,579,900
-0.64%

Schools & Community

Elementary school: 

J. Knox

Middle school: 

Teasley

High school: 

Cherokee

Community features: 

None

Status: Active

Tomo last checked: 04/04/2025 at 6:30 PM

Listing updated: 03/09/2025 at 10:05 AM

Listed by: Holly Owens, Owens Management Group, LLC Phone #: (678) 316-0117

MLS: FMLS #7537389

FMLS logo

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