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151 Meridian Street, Canton, GA 30114

Price

$7,188,888

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Property Details for 151 Meridian Street

Meridian Street Na

MLS#7462466

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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.

Listing Agents

Exterior Details

ConstructionBrick 4 Sides
Built In2022
StoriesTwo
ParkingParking Lot, Paved
UtilitiesCable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
SewerPublic Sewer
Lot DescriptionCorner Lot
Lot Dimensionsx
Acres2.4571

Location

Subdivision Na
Zip Code 30114
City Canton
County Cherokee - GA

Schools

Elementary William G. Hasty, Sr.
Junior Teasley
High Cherokee

First Multiple Listing Service

Listing Provided Courtesy Of: D19 Brokers, LLC. 678-899-0302

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Data Last updated on October 11, 2024 8:17pm

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