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1314 Franklin Avenue
High Point NC 27260 US

$275,000

Active Listing ID 1108096
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$275,000

Active Listing ID 1108096
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1314 Franklin Avenue 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 275000
  • unparsedaddress: 1314 Franklin Avenue
  • postalcity: High Point
  • stateorprovince: NC
  • country: US
  • postalcode: 27260
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.954854
  • longitude: -79.986796
  • listagentfullname: Carlos Parks
  • listagentemail: 072cap@gmail.com
  • listagentkey: 3yd-TRIADNC-312386
  • listagentmlsid: 312386
  • listagentpreferredphone: 9192250660
  • listagentofficephone: 9192250660
  • listofficekey: 3yd-TRIADNC-WVREG01
  • listofficemlsid: WVREG01
  • disclaimer: 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.
  • sourcesystemid: TRIADNC
  • yearbuilt: 1922
  • listagenturl: https://www.wereversatile.com
  • countyorparish: Guilford
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -79.98679, 35.954853
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Versatile Real Estate Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"072cap@gmail.com", "ListBrokerageCity":"Jamestown", "ListBrokerageCountry":"US", "ListBrokerageEmail":"072cap@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Versatile Real Estate Group", "ListBrokeragePhone":"(919) 225-0660", "ListBrokeragePostalCode":"27282", "ListBrokerageStateOrProvince":"NC", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"804 B W.Main St", "ListBrokerageWebsiteUrl":"https://www.wereversatile.com", "ListOfficeAddress1":"4041 Tutbury Drive", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Jamestown", "ListOfficeCountry":"US", "ListOfficeEmail":"072cap@gmail.com", "ListOfficePostalCode":"27282", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"Rooming House - High Point, NC", "ListingURL":"https://listings.listhub.net/pages/TRIADNC/1108096/?channel=rexren", "MLSModificationTimestamp":"2024-06-25T17:20:07Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:38:56 AM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: Carlos Parks, Versatile Real Estate Group, 072cap@gmail.com

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.