140/138 Sloan St, Franklin, NC 28734

Property Description

Two apartments located in town off a state maintained paved road. These apartments have been managed with low turnover in mind allowing the new owners to increase the rental rates to market levels, which are around $750 a piece. The rental market in Franklin is incredible with very little vacancy and rents which have risen significantly over the past several years. The main level apartment faces the street with a small deck. Open living room and kitchen combo. The bedroom and additional bonus room are located off the living room and the bathroom is in between the bedroom and bonus. The bonus room could be used as a second bedroom or office with doors leading to the deck. These apartments have a nice cozy feel that's easy to maintain. Downstairs is the second apartment with a similar layout overlooking the backyard. Both apartments have a full kitchen and are completely separate with exterior entrances. A small stream runs through the back of the property with a small level yard. Only minutes to main street, restaurants, and Franklin fun. The property is available for sale at the price of $139,000.