$275,000
For Sale

1314 Franklin Avenue

High Point, NC 27260
Browse 17 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1922
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyGuilford
  • Financial Details
      • Taxes Annual$599
  • Other
      • MLS #1108096

Location

Jonathan Smith | EXP Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00