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550 Waleska Rd 5 Unit Apartment Building $1,115,340 CAD ($223,068 CAD/Unit) 7.63% Cap Rate Canton, GA 30114

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INVESTMENT HIGHLIGHTS

  • Investment opportunity

EXECUTIVE SUMMARY

NO OWNER FINANCING Great Investment Opportunity – Tenant in Place! Don’t miss this investment opportunity in the heart of Canton, GA! This 5-plex (all 2-bedroom 1-bathroom) is already tenant-occupied, providing immediate rental income for investors. Convenient location near shopping, dining, and major highways, and strong rental market in Canton for consistent cash flow. Whether you’re a seasoned investor or just starting, this income-producing property is a fantastic addition to your portfolio.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,115,340 CAD
Price Per Unit $223,068 CAD
Sale Type Investment
Cap Rate 7.63%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.08 AC
Building Size 5,714 SF
Average Occupancy 100%
No. Stories 2
Year Built 1952
Zoning GC - General Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 5 $1,815 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
091N04-00000-007-000-0000
Land Assessment
$50,087 CAD (2025)
Improvements Assessment
$115,685 CAD (2025)
Total Assessment
$165,773 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 35774500

  • Date on Market: 2025-05-07

  • Last Updated:

  • Address: 550 Waleska Rd, Canton, GA 30114

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