520 Baird Cove Rd, Franklin NC 28734

$3,200,000
Est. $10,675/mo
Beds
Baths
6,520
SqFt

Exceptional commercial investment opportunity nestled in Franklin, NC! Situated just minutes from Downtown, this prime 7.8+/- acre parcel within city limits offers an unparalleled investment opportunity with a diversified portfolio of income-generating properties and room for future growth. The property includes five townhomes, ideal for attracting long-term tenants, eight apartments that cater to the area's strong rental demand, ensuring a reliable income stream, and one single-family home, offering flexible usage as a primary residence or a short-term rental opportunity. The parcel allows for expansion potential with additional unused acreage providing ample space for additional units or amenities - allowing you to maximize your return on investment in growing a highly desirable location. Franklin's charm, proximity to major highways, and local attractions make this a sought-after area for residents and investors alike! Whether you're looking to build your portfolio or capitalize on a mixed-use development opportunity- this property is a rare find with incredible upside potential! Don't miss your chance to invest in the beautiful WNC mountains!

Listed by:
Katelyn Vanderwoude, Re/Max Elite Realty
Source: Carolina Smokies Association of Realtors

Property Overview

Added Neighborhood
7 days ago Bruce Palmer/Crawford Farm
Type Status Lot Size
Commercial sale Active 7.8 acres
County Built MLS#
Macon 2012 26039754

Commute Time


Additional Details

Legal
Property
Utilities
Community

Payment Estimator

Total Monthly Payment
$9,200
Monthly Interest
$311
% Down
% Principal
% Interest
$3,200,000.0
20% ($640,000)
3.5%
520 Baird Cove Rd
520 Baird Cove Rd

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