$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 #7537389
Listed
$3,095,000
+95.9%
12/06/2024

FMLS #7446307
Removed
$1,579,900
10/11/2024

FMLS #7446307
Price change
$1,579,900
-0.64%
Schools & Community
Elementary school:
J. Knox
Middle school:
Teasley
High school:
Cherokee
Community features: None
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

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