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1314 FRANKLIN AVE HIGH POINT, NC 27260
- Single Family Home / Resale (MLS)
Property Details for 1314 FRANKLIN AVE, HIGH POINT, NC 27260
Features
- Lot Size: 12632.00 sq. ft.
- Total Units: 1
- Stories: 100
- Roof Type: Asphalt
- Heating: Forced Air Heating
- Exterior Walls: Siding (Alum/Vinyl)
Facts
- Year Built: 01/01/1922
- Property ID: 878306058
- MLS Number: 1108096
- Parcel Number: 0174706
- Property Type: Single Family Home
- County: GUILFORD
- Listing Status: Active
Pre-Foreclosure Info
- Recording Date: 11/16/2015
- Recording Year: 2015
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. This is an investors dream! Cash flowing right now! 3 units renting for $500 per unit, 4 units renting for $600 monthly. Utilities included and bills are around $800 monthly. Roof replaced in May. HVAC system works like a charm. 6 rooms rented with 6 month leases. The crawl space was fitted with a moisture barrier and regular pest inspection and treatment done. Private parking in the rear of the house. Two rooms are furnished. The best thing about this property is the 10.5% cap rate!!!! Unheard of! The seller is the listing agent and is willing to maintain the property management for the potential buyer at 10%. This is the investment opportunity you have been waiting on! $5000 towards closing costs with full price cash offers.
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Property Brokerage:
Versatile Real Estate Group
4041 Tutbury Drive
Jamestown
NC
27282
Copyright © 2024 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.