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$7,188,888
9 Days Online

151 Meridian Street
Canton, GA 30114

For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
2022
Built
Subdivision:
NA
County:
Cherokee

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151 Meridian Street151 Meridian Street151 Meridian Street151 Meridian Street
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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.

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Listing Snapshot
Price 
$7,188,888
Days Online 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.4571 Acres
Year Built 
2022
MLS® Number 
7462466
Status 
Active
Property Tax 
$19,311
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen online
a month agoListing updated with changes from the MLS®
General Features
Acres 
2.4571
Number Of Stories 
2
Parking 
Parking LotPaved
Sewer 
Public Sewer
Stories 
Two
Utilities 
Cable AvailableElectricity AvailablePhone AvailableSewer AvailableUnderground UtilitiesWater Available
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Central
Window Features 
Aluminum FramesDouble Pane Windows
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Exterior Features
Fencing 
None
Lot Features 
Corner Lot
Roof 
Composition
View 
Other
Waterfront Features 
None
Waterview 
Other
Windows/Doors 
Aluminum FramesDouble Pane Windows
Community Features
Community Features 
None
Financing Terms Available 
CashConventional
Schools
School District
Unknown
Elementary School
William G. Hasty, Sr.
Middle School
Teasley
High School
Cherokee
Listing Provided Courtesy Of: Durazi Savasir of D19 Brokers, LLC. [email protected]

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Neighborhood & Commute
Source: Walkscore
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