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.
This unique investment opportunity only 1.5 miles from Downtown Canton.The Asset consisits of 6 Duplexes with total of 12 units within two buildings (6 units in each building) It is a Comtempary Townhome Syle Built in 2009. The property is located between historic downtown Canton and I-575. 6 spacious Duplex Townhouses with 3 bedrooms and 1.5 baths. These are Two story Units with a one Garage and a parking pad. 11 units have 1 year lease tenants but there is opportunity to increase rents to market rent. Owner has renovated all the units in the complex and has seen an increase in rents by 20% since current ownership. This will not last long
Don't miss this unique investment opportunity! This multi-family property features 12 units within two buildings (6 units in each building) and a laundry room. The property is located within 5 miles of historic downtown Canton and I-575. Three spacious townhouses with 2 bedrooms and 2.5 baths. Three one bedroom and one bath efficiency apartments on the lower level. Most units have long-term tenants but there is opportunity to increase rents to market value. Owner has renovated some units in the complex and has seen an increase in rents by 35%-50%.
Don't miss this unique investment opportunity! 6 units for the price of 4! This multi-family property features 6 units located within 5 miles of historic downtown Canton and I-575. Three spacious townhouses with 2 bedrooms and 2.5 baths. Three one bedroom and one bath efficiency apartments on the lower level. Most units have long-term tenants but there is opportunity to increase rents to market value. Owner has renovated some units in the complex and has seen an increase in rents by 35%-50%.
The median home value in Canton, GA is $278,000. This is higher than the county median home value of $245,800. The national median home value is $219,700. The average price of homes sold in Canton, GA is $278,000. Approximately 47.91% of Canton homes are owned, compared to 48.04% rented, while 4.06% are vacant. Canton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Canton real estate agent to arrange a tour today!
Canton, Georgia 30114 has a population of 25,806. Canton 30114 is more family-centric than the surrounding county with 40.87% of the households containing married families with children. The county average for households married with children is 39.38%.
The median household income in Canton, Georgia 30114 is $54,470. The median household income for the surrounding county is $75,477 compared to the national median of $57,652. The median age of people living in Canton 30114 is 32.9 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 28.5 degrees. The average rainfall is approximately 52 inches per year, with 1.9 inches of snow per year.