115 Allen AvenueFranklinton, NC 27525

Description

Welcome to 115 Allen Ave, a 3-bedroom, 1.5-bath brick ranch offering opportunity, flexibility, and room to build equity in a growing area of Franklinton. Whether you're an investor looking for your next value-add project or a family searching for a home they can make their own, this property is worth a look. The home has been utilized as a rental for the past seven years and offers plenty of potential for someone willing to put their personal touch on it. The property sits on two parcels, creating a larger-than-typical lot with the potential for future subdivision. For an investor, that could mean the possibility of building additional homes as the area continues to grow. With rents in the area reaching as high as $1,750, the property could also make an attractive addition to a rental portfolio. For a homeowner, this is an opportunity to purchase a solid brick ranch and transform it into a home that fits your vision and lifestyle. Bring your ideas, your contractor, and your imagination! The property is now vacant and available for easy showings. The home is currently equipped with a ramp and grab bars to accommodate mobility needs, providing additional flexibility for a variety of future uses. With new construction taking shape nearby and Franklinton continuing to grow, this could be your chance to get into the area while prices are still low. Priced to sell quickly, whether you're looking for your next investment, your next project, or a place to call home, don't miss this opportunity!

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

House

Year built

1978

Living area

1,400 Sq Ft

Lot size

0.52 acres

Lot dimensions

150x147

Days on market

61

MLS^® Listing#

10186529

Property Features

Interior

In-Law Floorplan

Appliances

Dishwasher · Electric Range · Electric Water Heater · Refrigerator

Cooling

Central Air · Electric

Heating

None

Flooring

Carpet · Tile · Vinyl

Fireplace

Wood Burning

Basement

Crawl Space

Parking

Carport · Detached

Laundry

Outside

Patio

Covered · Porch

Lot features

Back Yard · Front Yard · Subdivided · Wooded

Construction

Brick Veneer

Roof

Shingle

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Franklin - Franklinton Elementary

Middle

Franklin - Franklinton Middle School

High

Franklin - Franklinton High

Financial Details

HOA

None

Annual taxes

$3,016Tax year 2026

Assessed value

$227,060

Parcel number

008064