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Chuck Belden
(919) 830-7431 chuck.belden@relevate.life
  • 7501-102 Creedmoor Road
    Raleigh, NC 27613
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Home / Franklinton / 115 Allen Avenue
115 Allen Avenue Franklinton, NC 27525 115 Allen Avenue Franklinton, NC 27525 115 Allen Avenue Franklinton, NC 27525 115 Allen Avenue Franklinton, NC 27525 115 Allen Avenue Franklinton, NC 27525 View All Photos

$250,000

| Active

115 Allen Avenue

Franklinton, NC 27525

1,400
Square Feet
3
Beds
1.5
Baths
0.52
Acres
23
Days on Market
10186529
MLS#
House
Structure
Residential
Zone
Contact

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 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.

Property Details
Fireplaces
1
Cooling
Central Air, Electric
Bedrooms
3
Bathrooms
1.5
Full Baths
1
Half Baths
1
Lot Features
Back Yard, Front Yard, Subdivided, Wooded
Lot Description
Back Yard, Front Yard, Subdivided, Wooded
Acres
0.52
Square Feet
1400
Parking Features
Detached
Property Type
Purchase
Style
Ranch
Year Built
1978
Roof
Shingle
Sewer Information
Public Sewer
Utility Source
Public
Subdivision
Not in a Subdivision
Elementary School
Franklin - Franklinton Elementary
Middle School
Franklin - Franklinton Middle School
High School
Franklin - Franklinton High
County
Franklin
Taxes Annual
$3,016
MLS #
10186529
Property Subtype
Single Family Residence
MLS #
10186529
Address
115 Allen Avenue
Location
Legal

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Provided By
Listed by Vance Josey (#92709)
Listing Office: The Acorn Agency, LLC (#76721)

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