108 Franklin St
$560,000
108 Franklin St, Madison, NC 27025
5,508 sqft
Building Size
0.26 acres
Lot Area
Details:
Highlights:
- Tax Roll Number: 118946
- Annual Tax: $ 2420.35
- Water: Municipal Water
- Flooring: Mixed
- Age: Over 50 Years Old
- Exterior Description: Brick
- Road Type: City / Town Street
- Sewer: Public
- Lot Size: Under 1/2 Acre
- Cooling: Central A/C
- Heating Type: Heat Pump
- Heating Fuel Type: Electric
Description:
From US 22O/Thomas A Burton Hwy toward Madison, Take ramp onto Wesley D Webster Hwy/US-311 toward NC-704 W., Turn right onto S Franklin St, go .2 miles and property will be on the right
Income Producing Business Investment Opportunity in Down Town 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.
Location
Gallery
