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

  151 Meridian Street Canton, GA 30114

Active (90 Days)

Description

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.

MLS #:
7462466
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 Oct 22 2024 at 9:13 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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