




108 N Franklin St, Madison, NC, 27025
--beds
--baths
0sqft
$560,000
--price/sqft
$3,604/moest. monthly cost
$144,160/yrincome needed
About This Home
Income Producing Business Investment Opportunity in DownTown Madison, NC! This renovated building has 4 offices suites that are currently rented at $1000 per month with a monthly gross income of $4000 per month. Renovations were completed in 2020 including interior remodeling and new heat pumps/central air! Each unit has a separate entrance and extra parking! Tenants have a 3 year lease in place with guaranteed income! This building is conveniently located and in walking distance to all shops and restaurants. The location is roughly 2 miles off of 220/I73! Private showings available by appointment only-please do not approach the building or disturb tenants.
Getting Around
45
0
34
Schools
7/10
8/10
5/10
Construction
Condition
- Year built: 1974
Notable Dates
- Major remodel year: 2022
Type & Style
- Home type: SingleFamily
- Property subType: Office
Interior
Interior Area
- Total structure area: 5,600
Property
Details
- Parcel number: 118946
- Zoning: TCDMD
- Special condition: Owner Sale
Features
- Stories: 1
Lot
- Features: City Lot
Parking
- Total spaces: 12
