MLS Number:
26039754
List Price:
$3,200,000
Property Type:
Commercial
House #:
520
Address:
Baird Cove Rd
City:
Franklin
State:
NC
Zip Code:
28734
Subdivision:
Bruce Palmer/Crawford Farm
Bedrooms:
Baths:
Half Baths:
Listing Office:
RE/MAX Elite Realty (#:129)
Listing Agent:
Katelyn VanderWoude (#:330)
Remarks:
Exceptional commercial investment opportunity nestled in Franklin, NC! Situated just minutes from Downtown, this prime 7.8+/- acre parcel within city limits offers an unparalleled investment opportunity with a diversified portfolio of income-generating properties and room for future growth. The property includes five townhomes, ideal for attracting long-term tenants, eight apartments that cater to the area’s strong rental demand, ensuring a reliable income stream, and one single-family home, offering flexible usage as a primary residence or a short-term rental opportunity. The parcel allows for expansion potential with additional unused acreage providing ample space for additional units or amenities - allowing you to maximize your return on investment in growing a highly desirable location. Franklin's charm, proximity to major highways, and local attractions make this a sought-after area for residents and investors alike! Whether you're looking to build your portfolio or capitalize on a mixed-use development opportunity- this property is a rare find with incredible upside potential! Don't miss your chance to invest in the beautiful WNC mountains!
Area:
Franklin
Township:
Franklin (Macon Co.)
Parcel Size:
7.8
Apx Acreage Range:
7-9.99
Restrictions:
Miles Out:
Deed Book:
G-41
Deed Page:
416
Parcel ID:
6584495942
City Tax:
5875.17
County Tax:
11482.36
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HOA Dues:
Year Built:
2012
Easements/Restrictions:
Yes
Zoning:
Restrooms:
Varies
Loading:
Building Size:
6520
Building 2:
3800
Building 3:
1300
Building 4:
N/A
Highways:
Type of Property:
Commercial, Multi-Family
Construction:
Other
Utilities:
Electricity Available, Water Available, Sewer Available
Heating System:
Forced Air, Electric Heat Pump
Air Conditioning:
Central Electric, Central Electric Heat Pump
Terms of Existing Lease:
Month To Month
Access:
Paved Road
Location:
City
Floors:
Other-See Remarks
Roof System:
Shingle
Parking:
Parking Lot, Limited # of Spaces, Paved Driveway
Miscellaneous:
None
Apx SqFt:
Other-See Remarks
Financing Type(s):
Cash, Conventional
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