Back to search
1314 Franklin Avenue High Point, NC $ 220,000
Share Save
$ 220,000 Get more info
1314 Franklin Avenue
$ 220,000
Back to search
Share Save

1314 Franklin Avenue

High Point, NC, 27260
$ 220,000
Baths0.0

Monthly Estimate*

$ 1,462

1314 Franklin Avenue, High Point, NC 27260 - Image 1
1314 Franklin Avenue, High Point, NC 27260 - Image 2
1314 Franklin Avenue, High Point, NC 27260 - Image 3
1314 Franklin Avenue, High Point, NC 27260 - Image 4
1314 Franklin Avenue, High Point, NC 27260 - Image 5
1314 Franklin Avenue, High Point, NC 27260 - Image 6
1314 Franklin Avenue, High Point, NC 27260 - Image 7
1314 Franklin Avenue, High Point, NC 27260 - Image 8
1314 Franklin Avenue, High Point, NC 27260 - Image 9
1314 Franklin Avenue, High Point, NC 27260 - Image 10
1314 Franklin Avenue, High Point, NC 27260 - Image 11
1314 Franklin Avenue, High Point, NC 27260 - Image 12
1314 Franklin Avenue, High Point, NC 27260 - Image 13
1314 Franklin Avenue, High Point, NC 27260 - Image 14
1314 Franklin Avenue, High Point, NC 27260 - Image 15
1314 Franklin Avenue, High Point, NC 27260 - Image 16
1314 Franklin Avenue, High Point, NC 27260 - Image 17
Studio

Multi-Family Home for sale in High Point, NC

for $220,000. This home was built in 1922.

This is an investors dream! Cash flowing right now! 3 units renting for $500 per unit, 4 units renting for $600 monthly. Utilities included and bills are around $800 monthly. Roof replaced in May. HVAC system works like a charm. 6 rooms rented with 6 month leases. 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 10.5% 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! $5000 towards closing costs with full price cash offers.

See more
Multi-Family Active

Price

$ 220,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 599

Style

Rooming House

Year Built

1922

Town/City

High Point

County/Region

Guilford

MLS | Web ID

1108096
Features
General
Sewer Public Sewer
Heating Forced Air Electric
Cooling Central Air
Appliances Electric Water Heater
Pool Features None
Year Built 1922
Property SubType Rooming House
Property Type Residential Income
HOA / Comm Assn No
Pool Y/N No
See more
Exterior
Parking Features Driveway Enclosed Gravel Lighted
Water Source Public
Lot Dimensions 12632
Acres Range -
See more
Interior
Heating Fuel Electric
Total Heated Finished SqFt Range 0 - 0
Water Heater Electric
See more
* Excluded Features
List By
Carlos Parks

Listing Agent

Versatile Real Estate Group

Broker

072cap@gmail.com

Email

Affordability Calculator

$1,512
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,462
Monthly Property Taxes
$50
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
584379 Elementary School
584626 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/22/2024$220,000 -6.38% Price Down
1/22/2024$235,000 -2.08% Price Down
1/10/2024$240,000 -4.00% Price Down
11/21/2023$250,000 -3.85% Price Down
10/13/2023$260,000 -5.45% Price Down
7/30/2023$275,000 -8.33% Price Down
6/8/2023$300,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1314 Franklin Avenue, High Point, NC, 27260 is a Multi-Family Home for sale at $220,000. 1314 Franklin Avenue is a studio with 0.0 baths and was built in 1922. The property's zip code is 27260 which is in High Point, NC

Get more info