Raleigh Investment Properties – Discounted Real Estate in the Triangle
Call Us: 919-949-5101

Great Investment Property Downtown Franklinton

Amazing Investment Opportunity Near Downtown Franklinton!

Your Price: $39,000.00

Available Now:

This is a solid little home in the heart of Franklinton, just a few minutes walk to downtown, Franklinton Middle School, and the public library.  There is a lot of investor activity here, including some new construction.

2/1
1,036sqft
Built 1930
Acres: 9,675 (.22acres)
Repairs:
Property property will need a full rehab, it will need some foundation work, siding could potentially be asbestos (but believe it can probably just be encapsulated), and there is a huge tree by the carport that could be a problem.  The layout is kind of strange, but I think it would be pretty simple to add a third bedroom to the existing footprint, There is a room in the middle (looks like a bedroom) that you have to walk through to get to the kitchen, I would make a small hall to the left and close the room off, maybe even open up the whole corner in to the kitchen if possible.  There is a short walk-through in the picture link to show that layout. I think it sells closer to $140K as a 3 bedroom.

Pictures: https://drive.google.com/open?id=1mZMgYYbTLtFW9sFkBLaZrZgpjipqvwqB

ARV: $135,000.00
Market Rents: $900-1,000 (more as a 3 bedroom.)

Property is not Currently listed on the MLS, but as a VIP Buyer in the Franklinton area you are getting a first right of refusal at a $10,000 discount (it will be listed at $49,000).  Just give us the code “VIPFranklintonBuyer” so we know you received the card.

Call or email for full address… Do your own Due Diligence…

919-949-5101 or merrick@ncdiscountproperties.com