115 Allen Avenue, Franklinton, NC 27525
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
115 Allen Avenue,Franklinton, NC 27525
$250,000
- 3 Beds
- 2 Baths
- 1,400 sq. ft.
- Multi-family
- Active
Listed by: vance josey
Office: the acorn agency, llc.
MLS#:10186529
Source:RD
Price summary
- Price:$250,000
- Price per sq. ft.:$178.57
About this home
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....
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Home facts
- Year built:1978
- Subdivision & Development:Not in a Subdivision
- Listing ID #:10186529
- Added:14 day(s) ago
- Updated:August 28, 2026 at 06:55 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Rooms Total:1
- Flooring:Carpet, Tile, Vinyl
- Kitchen Description:Dishwasher, Electric Range, Electric Water Heater, Refrigerator
- Living area:1,400 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1978
- Building area:1,400 sq. ft.
- Lot area:0.52 Acres
- Lot Features:Back Yard, Front Yard, Subdivided, Wooded
- Architectural Style:Ranch
- Construction Materials:Brick Veneer
- Exterior Features:Covered, Porch
- Levels:One
Schools
- High school:Franklin - Franklinton High
- Middle school:Franklin - Franklinton Middle School
- Elementary school:Franklin - Franklinton Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$178.57
- Tax amount:$3,016
Features and amenities
- Laundry features:Outside
Parking
- Parking description:Detached
- Carport spaces:2
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