1314 Franklin AVE Active

High Point,NC 27260

$ 275000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Rooming House

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1108096

HOA Y/N No

Originating Board Triad MLS

Year Built 1922

Property Description

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.

Location

State NC

County Guilford

Interior

Heating Forced Air,Electric

Cooling Central Air

Appliance Electric Water Heater

Exterior

Pool None

Parking Type Driveway,Enclosed,Gravel,Lighted

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Special Listing Condition Owner Sale

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