151 Meridian Street, Canton, GA 30114 - Cherokee County

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.

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