$1,695,000
$100K PRICE DROP

107 Cypress Ct Canton, GA 30115

Estimated payment $9,272/month

Total Views 149,897
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Neighborhood Views
  • Central Heating and Cooling System
  • Privacy Fence
  • Rusk Middle School Rated A
  • 6 Car Garage
  • Level Lot

About This Home

CASH FLOWING INVESTMENT PROPERTY. 6 occupied rental townhouses built between 2006 and 2008 in Holly Springs in Cypress Springs subdivision. Neighborhood includes a mix of detached single-family houses and attached townhouses. Sold together. Seller will not sell individually. The opportunity here is the future upside equity value of the townhouses Holly Springs.

The six townhouses offered for sale are located in the Cypress Springs subdivision and have been long term rental properties managed for many years by Georgia Rental Group. Maintenance records are available.

Two 3 bedroom units (one with unfinished basement)
Four 2 bedroom units

Total rent income for all units is $10,409 monthly. Ask for rent roll for breakdown of each unit and the T12 for more financial details.

The Cypress Springs subdivision is located within the city limits of Holly Springs, GA with a mailing address in Canton, GA zip code 30115.

No Showings until due diligence period. Photos are general shots of the subdivision and neighborhood. Photos of exterior of each property is available.

Listing Agent

Sandra Watkins

REMAX Town & Country Innovative Properties Group Listed on: 02/09/2025

REMAX Town & Country Innovative Properties Group

Co-Listing Agent

John Marion

REMAX Town & Country Innovative Properties Group License #346950

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,852

Year Built

  • Built in 2006

Lot Details

  • 3,049 Sq Ft Lot
  • Privacy Fence
  • Level Lot

Parking

  • 6 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Neighborhood Views

Schools

  • Holly Springs - Cherokee Elementary School
  • Dean Rusk Middle School
  • Sequoyah High School

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • 6 Units
  • Cypress Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15N14K 004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,852

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Fencing: Privacy
  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Heat Pump
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Sidewalks
  • Subdivision Complex: Cypress Springs

Schools

  • Elementary School: Holly Springs - Cherokee
  • Middle School: Dean Rusk
  • High School: Sequoyah

Lot Info

  • Acres: 0.0700
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: 15N14K 004
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 6
  • Number Of Units Total: 6

Tax Info

  • Taxes: 3852.00
  • Assessor Parcel Number: 15N14K-00000-004-000
  • Tax Year: 2024

MLS Schools

  • Elementary School: Holly Springs - Cherokee
  • High School: Sequoyah
  • Middle School: Dean Rusk

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,737 $125,296 $24,000 $101,296
2023 $3,443 $113,432 $20,000 $93,432
2022 $2,926 $95,528 $17,600 $77,928
2021 $1,898 $75,628 $15,400 $60,228
2020 $2,278 $67,964 $13,800 $54,164
2019 $1,647 $65,480 $12,400 $53,080
2018 $2,091 $61,320 $12,400 $48,920
2017 $1,888 $140,200 $10,960 $45,120
2016 $1,352 $131,300 $10,960 $41,560
2015 $1,357 $130,700 $11,880 $40,400
2014 $1,188 $114,100 $11,880 $33,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $1,695,000 -5.6% --
02/09/2025 02/09/25 For Sale $1,795,000 0.0% --
02/17/2023 02/17/23 Rented $1,700 0.0% --
02/10/2023 02/10/23 Under Contract -- -- --
02/07/2023 02/07/23 Price Changed $1,700 0.0% $1 / Sq Ft
01/30/2023 01/30/23 For Rent $1,700 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $466,512 Purchase Money Mortgage
Closed $480,000 New Conventional
Previous Owner $111,877 Stand Alone Second
Previous Owner $120,000 Stand Alone Second
Source: Public Records

About the Listing Agent

Sandra Watkins

REMAX Town & Country Innovative Properties Group

(470) 280-3950

Section Image

Sandra Watkins & Team – Powered by RE/MAX

Sandra Watkins leads one of the top-performing RE/MAX teams in Georgia, known for delivering results that go beyond the traditional real estate experience. Whether you're buying, selling, managing rental property, or investing in real estate, Sandra and her team have the tools, connections, and expertise to help you reach your goals.

They're not your average real estate office—they're your all-in-one real estate solution. From residential

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7519777

First Multiple Listing Service (FMLS)

APN: 15N14K-00000-004-000