1314 Franklin Avenue High Point, NC 27260
This is an investors dream! Cash flowing right now! 7 units renting for $500 per unit. 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!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyGuilford
- Taxes$599
- HOA/Condo/Coop Fees$0
- Days on Site14 Days
- MLS StatusActive
- MLS ID Number1108096
- Home Size Source N/A
- Year Built1922
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 1314 Franklin Avenue High Point, NC 27260
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| 2 weeks ago |
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General Features
- Parking DrivewayEnclosedGravelLighted
- Sewer Public Sewer
- Water Public
- Zoning RM-8
Interior Features
- Cooling Central Air
- Heating Forced AirElectric
- Appliances Electric Water Heater
Exterior Features
- Pool Features None