CASH COW in Canton, Georgia:
Located at 151 Meridian St, Canton, GA 30114, this multifamily gem beckons savvy long-term real estate investors. This property enjoys high demand due to its coveted spot at 151 Meridian St.
The Property is well maintained, consisting of 7 duplexes totaling 14 units. Each unit features 4 bedrooms, an office space (some tenants choose to use the office as an additional bedroom), and 3 bathrooms. Meticulous craftsmanship ensures enduring quality. Residents appreciate resilient vinyl plank flooring and elegant granite countertops— modern interiors with a blend of durability. The low maintenance appeal of 4-side brick construction minimizes upkeep, while protected gutters enhance longevity, providing for a low-maintenance exterior. A well-maintained paved parking lot offers ample parking and convenience for residents and guests.
If you’re an investor seeking stable ALL CA$H income, this multifamily property is a testament to quality and smart investment. Secure your piece of Canton’s thriving real estate market! Note: The property consists of two plats, 091N18-0000D-007-000-0000 and 091N18-0000D-008-000-0000 which are 151 Meridian St, Canton GA 30114, and 111 Edwards St, Canton GA 30114. The total lot size is 2.4571 per tax record. Rents are collected monthly and paid in all cash. The property is serviced by one water meter, and the current owner has the electricity in their name in 5 of the units, which they bill back to the tenants in full. Rentals in this area of Canton rarely have vacancies; should there ever be one, they rent quickly. There have never been any collection issues, due to multiple wage earners living in each unit, and they have had steady yearly rent increases of $100 to $200 per year.