INVESTOR OPPORTUNITY IN GROWING FRANKLINTON! Welcome to 115 Allen Ave, a 3-bedroom, 1.5-bath brick ranch with excellent potential in a transitioning area of Franklinton. This property has been utilized as a rental for the past seven years and offers an exciting opportunity for an investor looking to add value… Read More in an area experiencing new construction and growth. The property sits on two parcels, creating a larger-than-typical lot with the potential for future subdivision, offering the possibility to build two homes as the area continues to develop. With rents in the area reaching as high as $1,750, this property could also make an attractive addition to an investor's rental portfolio. The home is currently occupied and is being sold AS IS. Photos reflect the property prior to the current tenant moving in. The tenant is expected to vacate by the end of August, which will allow for easier access and showings. Until then, all showings are by appointment only. Please do not disturb the current tenant. The home is currently equipped with a ramp and grab bars to accommodate mobility needs, adding flexibility for a variety of future uses. Whether you're looking for your next rental, a value-add opportunity, or land with potential for future redevelopment, 115 Allen Ave is worth a look. With new construction taking shape nearby and Franklinton continuing to grow, now may be the time to get in while prices are still low. Read Less
Courtesy of The Acorn Agency, LLC, Vance Josey, 919-867-4787.
Listing Snapshot
Days Online
21
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
1,400
Lot Size
0.52 Acres
Year Built
1978
MLS Number
10186529
Additional Details
Property Access
Accessibility Features: Accessible Approach with Ramp, Road Frontage Type: City Street
Appliances & Equipment
Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Building
Building Area Total: 1400, Building Area Units: Square Feet, Construction Materials: Brick Veneer, Living Area Units: Square Feet, Living Area: 1400, Structure Type: House, Year Built: 1978
Cooling
Cooling: Central Air, Electric, Cooling Included
Exterior Features
Patio And Porch Features: Covered, Porch
Fireplaces
Fireplace Included, Features: Wood Burning
Floors
Flooring: Carpet, Tile, Vinyl
Heating
Heating: None
Laundry
Features: Outside
Lot
Lot Features: Back Yard, Front Yard, Subdivided, Wooded, Lot Size Acres: 0.52, Lot Size Area: 22651.2, Lot Size Dimensions: 150 x 147, Lot Size Square Feet: 22651.2, Lot Size Units: Square Feet, Parcel Number: 008064
Parking
Parking Features: Detached, 2 carport spaces, Carport Included
Property
Property Sub Type: Single Family Residence
Roof
Roof: Shingle
Sewer
Sewer: Public Sewer
Taxes
Tax Annual Amount: 3016
Utilities
Water Source: Public
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