NOT LISTED FOR SALE

118 Mitchell St Canton, GA 30114

Sutallee Neighborhood
-- Bed
1 Bath
1,670 Sq Ft
0.31 Acres

Last Sold March 15, 2023

Last sale price $400,000 $240 Per Sq Ft

37 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • J. Knox Elementary School Rated A-

About This Home

As of March 2023

Calling all investors! Rare opportunity to purchase two side by side duplexes containing 4 fully leased rental units with significant upside potential. This listing is for one of the duplexes (2 rental units); please see listing #7164849 for the second duplex available. Seller prefers to sell both duplexes, all 4 rental units, as one transaction. Conveniently located just off of Hwy 20 approximately 4 miles from I-575 at either exit 14 (Holly Springs) or exit 16 (Canton). Only 5 miles from downtown Canton and less than one mile from Fields Landing park and boat launch on Lake Allatoona. Mitchell Street is a private road that runs between Fields Landing Dr and Hwy 20, which is set to be improved and widened. Many improvements have alreay been made to all 4 units. All units occupied. Please do not disturb tenants. Listing agent is related to the sole member of the selling LLC.

Last Agent to Sell the Property

Chris McMahan

Atlanta Communities License #408008 Listed on: 01/19/2023

Atlanta Communities

Last Buyer's Agent

Chris McMahan

Atlanta Communities License #408008 Listed on: 01/19/2023

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,906

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 0.31

Home Design

  • Duplex

Parking

  • 4 Parking Spaces
  • Parking Pad

Schools

  • Knox Elementary School
  • Teasley Middle School
  • Cherokee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Additional Features

  • 1-Story Property
  • 0.31 Acre Lot

Listing and Financial Details

  • The owner pays for garbage
  • Tax Lot 54

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $4,441
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,906

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 14
  • Year Built: 1970
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .31
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 1290322

Exterior Features

  • Construction Materials: Other
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Electric, Central, Forced Air, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Knox
  • High School: Cherokee
  • High School Bus: No
  • Middle School: Teasley
  • Middle School Bus: No
  • Elementary School: Knox
  • Middle School: Teasley
  • High School: Cherokee

Lot Info

  • Land Lot: 54
  • Deed Book: 14713
  • Deed Page: 949

Rental Info

  • Owner Pays: Garbage

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1906

Multi Family

  • GrossIncome: 33600
  • NumberOfUnitsTotal: 4
  • OperatingExpense: 4441

MLS Schools

  • Elementary Bus Line: No

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $400,000 -5.9% $240 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $425,000 0.0% $254 / Sq Ft
05/07/2022 05/07/22 Rented $1,400 0.0% --
04/22/2022 04/22/22 For Rent $1,400 -- --
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris McMahan

    Seller's Agent in 2023

    Chris McMahan

    Atlanta Communities

    (770) 720-1400

    3 in this area

    77 Total Sales

    Chris McMahan
    Section Image

  • T

    Seller's Agent in 2022

    Troy McMahan

    Atlanta Communities

    (770) 316-8775

    1 in this area

    19 Total Sales

    Troy McMahan
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10123663

Georgia MLS

APN: 14N06 059

Georgia Cherokee County Canton 30114 Sutallee

118 Mitchell St, Canton, GA

This home is located at 118 Mitchell St, Canton, GA 30114 since 19 January 2023. This property was built in 1970. 118 Mitchell St is a home located in Cherokee County with nearby schools including J. Knox Elementary School, Teasley Middle School, and Cherokee High School.

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