Prime Investment Opportunity: 14-Unit Multifamily Property in Canton, GALocation: 151 Meridian St, Canton, GA 30114Seize 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.
Type | School name | District name |
---|---|---|
Elementary | William G. Hasty | Not available |
High | Cherokee | Not available |
Juniorhigh | Teasley | Not available |
Middle | Teasley | Not available |
Year | Tax amount | |
---|---|---|
2023 | USD $19311 | THB ฿626,140* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.
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Property ID: 110094819037