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130 Reed Street

Canton, GA 30114
  • $187,500
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 7063723
Foreclosure
UPDATED: 208 min ago
$187,500
  • 2
    BEDS
  • 0.27
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 861
    SQFT
  • $218
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1940
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Incredible opportunity to own 4 single family rental properties on one street! Located between Northside Cherokee Hospital and downtown Canton for work/play convenience. THIS home has income producing lease on yearly lease. Renters have been there long term with no plans to move out. Check out FMLS for 120 Reed St. (FMLS 7063658) which is is exactly like this listing, also with lease in place (each @ $950/mos). 110 Reed St home is 65% renovated with double SF. It is a 2 story home with NEW: Electrical, Plumbing, HVAC, Roof and more completed. Needs sheetrock, flooring and lighting to be installed; appliances, vanities, flooring and more are included in property. 4th home needs total re-hab. This is a GREAT assemblage potential with additional lot next to one of the homes available for sale by different owner! Total of 4 lots available for sale on this street for the savvy investor. Total acreage for 4 properties is approximately 1.13 acres. Current zoning is RA, Resisdential Attached, and currently grandfathered in as detached homes. Cherokee zoning has it slated for work/play environment. Properties are currently outside city limits and on septic. City sewer is across the street from one of the unlisted homes, but property must be annexed into the city to be eligible for sewer. Great opportunity for larger assemblage for future commercial/higher density useage. 2 lots on Hwy 20 and 2 additional lots on street for sale by different agent. 4 other homes on street currently not for sale. This makes up the entire street. Therefore, 8 lots of 12 are for sale.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-07-01T00:05:20.95. For issues regarding this website, please contact BoomTown.
www.northatlantahometeam.com/homes/129754284
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130 Reed Street Canton, GA 30114

  • Price: $187,500
  • Status: Active
  • On Site: 19 Days
  • Updated: 208 min ago
  • MLS #: 7063723
2
Beds
1
Baths
0
½ Baths
0.27
Acres
861
SQFT
$218
$/SQFT
1940
Built
Neighborhood:
Bf Crisler
County:
Cherokee
Area:
Cherokee
Elementary School:
William G. Hasty, Sr.
Middle School:
Teasley
High School:
Cherokee
Property Description
Incredible opportunity to own 4 single family rental properties on one street! Located between Northside Cherokee Hospital and downtown Canton for work/play convenience. THIS home has income producing lease on yearly lease. Renters have been there long term with no plans to move out. Check out FMLS for 120 Reed St. (FMLS 7063658) which is is exactly like this listing, also with lease in place (each @ $950/mos). 110 Reed St home is 65% renovated with double SF. It is a 2 story home with NEW: Electrical, Plumbing, HVAC, Roof and more completed. Needs sheetrock, flooring and lighting to be installed; appliances, vanities, flooring and more are included in property. 4th home needs total re-hab. This is a GREAT assemblage potential with additional lot next to one of the homes available for sale by different owner! Total of 4 lots available for sale on this street for the savvy investor. Total acreage for 4 properties is approximately 1.13 acres. Current zoning is RA, Resisdential Attached, and currently grandfathered in as detached homes. Cherokee zoning has it slated for work/play environment. Properties are currently outside city limits and on septic. City sewer is across the street from one of the unlisted homes, but property must be annexed into the city to be eligible for sewer. Great opportunity for larger assemblage for future commercial/higher density useage. 2 lots on Hwy 20 and 2 additional lots on street for sale by different agent. 4 other homes on street currently not for sale. This makes up the entire street. Therefore, 8 lots of 12 are for sale.
Exterior Features

Architectural Style Bungalow Construction Materials FrameWood Siding Covered Spaces 0 Dock None Exterior Features Private Front EntryPrivate Rear EntryPrivate YardStorage Fencing None Foundation Brick/Mortar Horse Amenities None Land Lot 203 Lot Features Back YardCreek On LotCul-De-SacFront YardSlopedWooded Number Of Parking Spaces 2 Open Parking YN Yes Other Structures None Parking Features Drive Under Main LevelDriveway Patio And Porch Features Covered Pool Features None Road Surface Asphalt Road Type County Road Roof Type Composition Stories One View Trees/Woods Waterfront Features None Window Features None

Interior Features

Additional Rooms Family RoomOther Appliances DryerElectric RangeRange HoodOther Basement Crawl SpaceDaylightDriveway AccessExterior Entry Bedroom Features Master On MainOther Cooling Ceiling Fan(S)Central Air Dining Room Features Open ConceptOther Fireplace Features None Flooring CarpetVinyl Heating Forced AirOther Interior Features Other Kitchen Features Cabinets OtherCountry KitchenEat-In KitchenLaminate Counters Laundry Features In Kitchen Main Bedrooms 2 Main Full Baths 1 Master Bathroom Features Tub/Shower Combo Number Of Fireplaces 0

Property Features

Accessibility Features None Association YN No Common Walls No Common Walls Community Features Near SchoolsNear Shopping Electric 220 Volts Green Energy Efficient None Green Energy Generation None Hoa Rent Restrictions No Home Warranty No Lake Name None Land Lease YN No Lot Size Dimensions 0 Master Association Fee 0 Occupant Type Tenant Other Equipment None Owner Financing No Property Attached YN No Property Condition Resale Proposed Financing Cash School Bus Route Elementary No School Bus Route High No School Bus Route Middle No Security Features Smoke Detector(S) Sewer Septic Tank Spa Features None Special Circumstances Investor Owned Special Listing Conditions Real Estate Owned Tax Year 2020 Taxes 549 Type Single Family Residence Utilities Electricity AvailableNatural Gas AvailableWater Available Water Source Public

Listing provided courtesy of Palmerhouse Properties.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-07-01T00:05:20.95. For issues regarding this website, please contact BoomTown.
 
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