151 Meridian Street Canton, GA 30114
Listing Courtesy of: FMLS / D19 Brokers, LLC. - Contact:  dsavasir@gmail.com

  151 Meridian Street Canton, GA 30114

Active (46 Days)

Description

14 unit multifamily Property for Sale in Canton, GA

Location: 151 Meridian St, Canton, GA 30114

Investment Opportunity: This multifamily property is a prime investment for savvy real estate investors seeking stable, all-cash income. Located in the high-demand area of Canton, GA, this property is a true gem.

Property Details:

Units: 7 duplexes totaling 14 units
Unit Features: Each unit includes 4 bedrooms, an office space (convertible to an additional bedroom), and 3 bathrooms
Interior: Modern interiors with resilient vinyl plank flooring and elegant granite countertops
Construction: Low-maintenance 4-side brick construction with protected gutters
Parking: Well-maintained paved parking lot offering ample space for residents and guests
Key Highlights:

High Demand Location: Situated at 151 Meridian St, this property enjoys a coveted location in Canton, GA
Stable Income: Rents are collected monthly in all cash, with no collection issues due to multiple wage earners per unit
Steady Rent Increases: Annual rent increases of $100 to $200 per year
Utilities: One water meter services the property; the owner bills back electricity to tenants in 5 units
Lot Size: Total lot size of 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 piece of 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. Contact us today to learn more and schedule a viewing!

MLS #:
7425654
Taxes
$19,311(2023)
Lot Size
2.46 acres
Type
Multifamily
Year Built
2022
County
Cherokee County
Community
Na

Listed By

Durazi Savasir, D19 Brokers, LLC., Contact: dsavasir@gmail.com
Source
FMLS
Last checked Sep 8 2024 at 12:42 AM GMT+0000
Bathroom Details
Interior Features
  • Windows: Double Pane Windows
  • Windows: Aluminum Frames
Subdivision
  • Na
Lot Information
  • Corner Lot
Heating and Cooling
  • Central
  • Central Air
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Water Available, Underground Utilities, Sewer Available, Phone Available, Electricity Available, Cable Available
  • Sewer: Public Sewer
  • Energy: None
School Information
  • Elementary School: William G. Hasty, Sr.
  • Middle School: Teasley
  • High School: Cherokee
Parking
  • Paved
  • Parking Lot
Additional Information: D19 Brokers, LLC. | dsavasir@gmail.com
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 05, 2024
Price Changed
$7,188,888
0%
-1,012
Aug 09, 2024
Price Changed
$7,189,900
0%
-50
Aug 01, 2024
Price Changed
$7,189,950
0%
-50
Jul 23, 2024
Original Price
$7,190,000
-
-
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