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!