1314 Franklin Avenue
High Point, NC 27260
- ā beds
- ā baths
- 1922 build
- – on site
This is an investors dream! Cash flowing right now! 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 13.5% 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! A cash flowing asset perfect for DSCR seekers! $5000 towards closing costs with full price cash offers.
Last checked:
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Last updated Jul 29, 2024
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MLS# 1108096 ā
The Building
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Year Built:1922
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Basement:false
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Total Heated Finished SqFt Range:0 - 0
Location
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Directions:traveling up Green St towards University, turn right on Hill St, then left on Franklin. House is on the left
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Latitude:35.954972
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Longitude:-79.987449
The Property
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Property Type:Residential Income
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Property Subtype:Rooming House
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Lot Size Dimensions:12632
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Zoning:RM-8
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Acres:-
Listing Agent
- Contact info:
- Agent phone:
- (919) 225-0660
- Office phone:
- (919) 225-0660
Taxes
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Tax Annual Amount:$599
The Listing
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Listing Terms:Cash
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Special Listing Conditions:Owner Sale
Heating & Cooling
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Cooling:Central Air
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Heating:Forced Air
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Heating Fuel:Electric
Utilities
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Sewer:Public Sewer
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Water Heater:Electric
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Water Source:Public
Appliances
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Appliances:Electric Water Heater
The Community
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Pool:false
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Pool Features:None
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Association:false
Parking
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Parking Features:Driveway
Walk ScoreĀ®
Provided by WalkScoreĀ® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walkerās Paradise).
Soundscoreā¢
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/14/24
Jun 14, 2024
|
Price Changed | TRIAD | $275,000 | 25.0% |
|
5/22/24
May 22, 2024
|
Price Changed | TRIAD | $220,000 | -6.4% |
|
3/10/24
Mar 10, 2024
|
Relisted | TRIAD | $235,000 |
