Listing Courtesy of: FMLS / D19 Brokers, LLC. - Contact: dsavasir@gmail.com
151 Meridian Street Canton, GA 30114
Active (90 Days)
$7,188,888
Description
MLS #:
7462466
7462466
Taxes
$19,311(2023)
$19,311(2023)
Lot Size
2.46 acres
2.46 acres
Type
Multifamily
Multifamily
Year Built
2022
2022
County
Cherokee County
Cherokee County
Community
Na
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
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
Location
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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.