563 A & B N Main Street

Franklinton, NC 27525

$279,900
Price
3
Beds
2
Baths
1,199 Sq. Ft.
$233 / Sq. Ft.
1,199
Sq. Ft.
$233
per Sq. Ft.

Description

Investor opportunity Welcome to 563 A&B N. Main St, located in the rapidly growing town of Franklinton! This duplex offers an excellent investment opportunity, providing immediate rental income and the potential for future development with additional multifamily properties. The property is zoned RSH-Urban Residential Hybrid, opening doors for various possibilities. The duplex consists of two units: Unit A is a 2-bedroom, 1-bathroom unit with additional spaces that are used as bedrooms and a family...Investor opportunity Welcome to 563 A&B N. Main St, located in the rapidly growing town of Franklinton! This duplex offers an excellent investment opportunity, providing immediate rental income and the potential for future development with additional multifamily properties. The property is zoned RSH-Urban Residential Hybrid, opening doors for various possibilities. The duplex consists of two units: Unit A is a 2-bedroom, 1-bathroom unit with additional spaces that are used as bedrooms and a family room (753 Sq Ft not included in total square footage due to ceiling height). Unit A is currently leased at $995/month with an active lease through August 31, 2025 Unit B is a 1-bedroom, 1-bathroom unit that is currently vacant and ready for new tenants. Both units feature private entrances and ample parking. Situated in a prime location, this property is just minutes from everything Franklinton has to offer and provides a quick commute to Wake Forest and Raleigh. Don't miss out on this promising investment—call today to begin your next venture!
  1. Listed by Bonnie Lou Hernandez • EXP Realty LLC
  2. Listed by Magan Inscoe • EXP Realty LLC

Property Details for 563 A & B N Main Street

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 12/11/2024 03:24 AM

Property Details for 563 A & B N Main Street

StatusActive
MLS #10066770
Days on Market8
Taxes$1,946 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1943
Lot Size0.74 AC / 32,234 SF
CountyFranklin County

Building Information for 563 A & B N Main Street

Stories2Residences-Year Built1943Building Size-Lot Size0.74 AC / 32,234 SF

Property Information for 563 A & B N Main Street

Summary
Location and General Information
  • Zoning: RSH
  • Directions: North on US1, RT on N Main St. Home will be on the RT.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 36.089776
  • Longitude: -78.468118
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $1,946.00
  • City Limits Of: Franklinton
  • City Limits YN: Yes
  • Lot Number: 1
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2025-08-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
School Information
  • Elementary School: Franklin - Franklinton
  • Middle Or Junior School: Franklin - Franklinton
  • High School: Franklin - Franklinton
Parking
  • Open Parking: Yes
  • Parking Features: Driveway, Gravel
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1199.0
  • Architectural Style: Transitional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 1866019076
Property and Assessments
  • New Construction: No
  • Photos Count: 30
  • Above Grade Finished Area Source: Appraiser
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 1 Common Wall
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
  • Water_Sewer: Public, Septic Tank
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Vinyl Siding
  • Foundation Details: Block
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Block, Vinyl Siding
Interior Features
  • Levels: One and One Half
  • Stories: 2
  • Basement Description: Crawl Space, Dirt Floor, Interior Entry
  • Flooring: Wood
  • Cooling: Central Air, Multi Units, Wall Unit(s)
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Interior: Driveway, Gravel, Block, Vinyl Siding
  • Equipment: Driveway, Gravel
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
Units Information
Unit One
  • Unit One: Above Grade Finished Area: 753.0
  • Unit One: Actual Rent: 995.0
  • Unit One: WasherDryer Hookups: true
Unit Two
  • Unit Two: Above Grade Finished Area: 446.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 1.0
  • Unit Two: WasherDryer Hookups: true
Unit Three
  • Unit Three: Beds Total: 0.0
Unit Four
  • Unit Four: Beds Total: 0.0

Property History for 563 A & B N Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 563 A & B N Main Street

Taxable ValueLand$78,205Additions$227,280Total$305,485
Tax Record2024$1,946 ($162 / month)
Home Facts
Baths2Total Finished SqFt1,424 SqFtAbove Grade Finished SqFt1,424 SqFtStories2Lot Size32,234 SqFtStyleDuplexYear Built1943Year Renovated2019ZoningRSHCountyFRANKLINAPN007106Fireplace TypeHas Fireplace

Schools near 563 A & B N Main Street

This home is within Franklin County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Franklinton Elementary
PublicPK to 5

Franklinton Middle School
Public6 to 8

Franklinton High
Public9 to 12

Franklin County Early College High
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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563 A & B N Main Street is a multi-family home for sale in Franklinton, NC 27525. This property was listed for sale on December 10, 2024 by EXP Realty LLC, it's currently listed at $279,900. It has been on the market for a total of 8 days and was last sold on January 10, 2018. This listing's school district is Franklin County School District. Nearby schools include Franklinton Elementary, Franklinton Middle School and Franklinton High. 563 A & B N Main Street is a 3-bed, 2-bath, 1,199 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC

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