$ 275,000
1314 Franklin AVE High Point, NC 27260
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$ 275,000
Est. payment | /mo
$ 275,000
Est. payment | /mo
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
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Versatile Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "