**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!
$2000+ Potential Monthly Rental Income, 3 Mobile/Manufactured Homes each on private lots, Unit #1 - 2 bedroom/1 bathroom with septic/city water, Unit #2 - 2 bedroom/1 bathroom with septic/city water, Unit #3 - 3 bedroom/2 bathrooms with septic/well water, Private driveways, Large grass yard, Less than 5 miles from US-401 and NC-56, Close to Wake Forest, Youngsville, Rolesville, Raleigh, and surrounding areas. Also listed under MLS# 2469055.
The median home value in Franklinton, NC is $395,000. This is higher than the county median home value of $320,600. The national median home value is $338,100. The average price of homes sold in Franklinton, NC is $395,000. Approximately 54.07% of Franklinton homes are owned, compared to 28.14% rented, while 17.79% are vacant. Franklinton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklinton real estate agent to arrange a tour today!
Franklinton, North Carolina has a population of 2,409. Franklinton is more family-centric than the surrounding county with 41.14% of the households containing married families with children. The county average for households married with children is 27%.
The median household income in Franklinton, North Carolina is $58,472. The median household income for the surrounding county is $62,332 compared to the national median of $69,021. The median age of people living in Franklinton is 33.1 years.
The average high temperature in July is 89.2 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 46.6 inches per year, with 2.5 inches of snow per year.