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.

Location

• SubdivisionHerndon
• Zip Code30114
• CityCanton
• CountyCherokee - GA

Schools

• ElementaryJ. Knox
• JuniorTeasley
• HighCherokee

MLS Data

• StatusActive
• MLS #7537389
• TypeResidential Income
• SpecialInvestor Owned

Exterior Details

• ConstructionVinyl Siding
• Built In1997
• StoriesArray
• ParkingPaved
• UtilitiesElectricity Available, Water Available, Sewer Available
• SewerPublic Sewer
• Acres1

Listing Provided Courtesy Of: Owens Management Group, LLC 678-316-0117