Prime Investment Opportunity: 14-Unit Multifamily Property in Canton, GA Location: 151 Meridian St, Canton, GA 30114 Seize this exceptional investment opportunity in the high-demand area of Canton, GA. This multifamily property, comprising 7 duplexes with a total of 14 units, promises stable, all-cash income for savvy investors. Property Highlights: Unit Configuration: Each unit features 4 bedrooms, an office space (convertible to an additional bedroom), and 3 bathrooms. Modern Interiors: Enjoy resilient vinyl plank flooring and elegant granite countertops throughout. Durable Construction: Low-maintenance 4-side brick construction with protected gutters ensures longevity. Ample Parking: A well-maintained paved parking lot provides ample space for residents and guests. Key Benefits: High-Demand Location: Situated at 151 Meridian St, this property enjoys a prime location in Canton, GA. Stable Income: Monthly all-cash rent collections with no issues, thanks to multiple wage earners per unit. Consistent Rent Increases: Annual rent increases of $100 to $200 ensure steady income growth. Utility Management: One water meter services the property, with electricity billed back to tenants in 5 units. Generous Lot Size: The property spans 2.4571 acres (per tax record), including two plats (091N18-0000D-007-000-0000 and 091N18-0000D-008-000-0000). Why Invest Here? Thriving Real Estate Market: Secure your stake in Canton’s growing real estate market. Low Vacancy Rates: Rentals in this area rarely have vacancies and rent quickly. Don’t miss out on this exceptional investment opportunity.

Listing courtesy of FMLS / D19 Brokers, LLC.

Last checked: Checking… • Last updated Oct 5, 2024 • Source: FMLS

MLS# 7462466 — Report a problem