350 Herndon
Canton, GA 30114
- – beds
- – baths
- – sqft
- ~1 acre lot
- 1997 build
- – on site
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.
Last checked:
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Last updated Mar 9, 2025
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MLS# 10474557 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1997
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Construction Materials:Vinyl Siding
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Structure Type:Multi Family (5+ Units)
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# of Units Total:24
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Foundation Details:Slab
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Levels:Multi/Split
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Basement:Exterior Entry, Finished, Full
Financial & Terms
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Possession:Close Of Escrow
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Owner Pays:Water, Sewer
Location
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Latitude:34.221186
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Longitude:-84.502431
The Property
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Property Type:Residential Income
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Property Condition:Resale
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Lot Size Acres:1
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Lot Size Source:Public Records
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Parcel Number:091N19-00000-009-000-0000
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Land Lot:160 & 161
Listing Agent
- Contact info:
- Agent phone:
- (678) 316-0117
- Office phone:
- (678) 316-0117
Taxes
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Tax Year:2024
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Tax Annual Amount:$19,276
Heating & Cooling
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Heating:Electric
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Cooling:Electric
Utilities
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Utilities:Electricity Individual Meters
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Sewer:Public Sewer
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Water Source:Public
Schools
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District:14
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Elementary School:Knox
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Middle School:Teasley
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High School:Cherokee
The Community
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Subdivision:Herndon
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Community Features:None
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Over 1 Space per Unit
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Parking Total:9
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/8/25
Mar 8, 2025
|
Listed / Active | GAMLS | $3,095,000 | |
1/20/25
Jan 20, 2025
|
Relisted | FMLS | ||
1/3/25
Jan 3, 2025
|
Pending | GAMLS |