254 N Womack St $449,000

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    254 N Womack St Franklin, NC 28734

    • 0 Beds
    • 0 Baths
    • 0 sq.ft.
    • Multi-Family
    MLS# 8488085 | Active

    $449,000

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    Days On Market: 91 0 Views
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    Property Details

    Consists of 8 apartments, each apartment consisting of 2 bedroom, 1 1/2 baths approximately 7,308 total square feet.The building is all brick with concrete poured second floor porches and ground level porches. The metal roof is approximately 1 1/2 years old. The lot has plenty of parking . The building has farm land on two sides and other rental property on others. Property is in the city limits with very convenient proximity to shopping. Estimate of expenses are approx. $11,000. Present rent roll $48,180. With each apartment simply paying 550/month annual income would be $52,800/year It appears market rent pricing for apartments in present condition are between $550-650/month. A lot of upward potential. Call agent for showing today.

    • General Features
      • Multi-family Type Apartments (5+ Units)
      • Possible Financing Owner Financing
      • Tax Year 2018
      • Property Type Multifamily
      • Year Built 1978
      • Taxes 3997.88
      • Subdivision None
      • County Macon
      • Area MACN
    • Building Features
      • Construction Status Resale
      • Construction Brick 4 Sided
      • Energy Related Insulation-ceiling, Insulation-floor, Water Heater-electric
      • Cooling Type Other (See Remarks)
      • Cooling Source Electric
      • Utility Billiing Electricity Ind. Meters
      • Total Fireplaces 0
      • Total Units 8
      • Stories 2 Stories
      • Special Conditions Investor Owned
      • Heating Type Baseboard
      • Heating Source Electric
    • Property Features
      • Annual Gross Expense 11471
      • Annual Gross Income 48180
      • Acreage 0.84
      • Parking 3 Car Or More
      • Water Sewer Public Water, Sewer Connected
    • Schools
      • Middle School Macon County
      • Elementary School Macon County
      • High School Macon County

    Contact

    Greg Peters

    Sales Associate

    Poss Realty

    Cell: 706-490-2676

    Neighborhood

    28734 (Franklin) Demographics

    47Median Age
    89Population Density (per sq. mile)
    30%College Educated
    $37,311Estimated Median Income
    8,541Estimated Total Home Owners
    3,214Estimated Total Renters
    73% / 27%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    26,780Total Population

    Market Last 30 Days

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $449,000
        1/5/2019 1:19:30 AM Status Changed Source New Value: Active
        1/5/2019 1:18:52 AM Status Changed Source New Value: Active
        1/2/2019 10:22:37 AM Status Changed Source New Value: Back On Market
        1/2/2019 10:19:03 AM Status Changed Source New Value: Back On Market
        12/28/2018 3:20:13 PM Status Changed Source New Value: Under Contract
        12/28/2018 3:19:26 PM Status Changed Source New Value: Under Contract
        12/4/2018 1:22:59 AM Status Changed Source New Value: Active
        12/4/2018 1:18:51 AM Status Changed Source New Value: Active
        11/20/2018 3:27:00 PM New in Database Source

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