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$560,000

  • For Sale
  • Active
  • Office
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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.

Full Property Details for 108 Franklin St

General

  • Price: $560,000
  • Status: Active
  • Type: Office
  • Source: Triad_MLS
  • MLS ID: 1154677
  • Updated: 10/1/2024
  • Added to Site: 132 day(s) ago

Business

  • Business Type: Professional/Office

Parking

  • Total Spaces: 12

Location

  • County: Rockingham
  • Driving Directions: 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
  • City Limits: Yes

Utilities

  • Gas: Available: On-Site
  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Year Built: 1974

Lot Features

  • Lot Features: City Lot

Financial Considerations

  • Terms: Cash, Conventional

Listed by Century 21 Total Real Estate Solutions, LLC

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— 108 Franklin St —

  • Century 21 Total Real Estate Solutions, LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 108 Franklin St

School District:Rockingham County Schools
RatingNameGradesDistance
5
New Vision School Of Science, Math, and Technology
705 Nw Ayersville Rd, Madison, NC 27025
PK-51 mi
NR
Dillard Elementary School
810 Cure Dr, Madison, NC 27025
PK-51.2 mi
8
Western Rockingham Middle School
915 Ayersville Rd, Madison, NC 27025
6-81.4 mi
4
McMichael High School
6845 Nc Highway 135, Mayodan, NC 27027
9-122.3 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 108 Franklin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/05/2024
Listed
$560,000
918.18%
MLS
3/20/2020
Sold
$55,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 108 Franklin St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,420
—
$169,849
—
2022
$2,420
—
$169,849
—
2021
$2,420
12%
$169,849
12%
2020
$2,167
—
$152,091
—
2019
$2,167
-3%
$152,091
-3%
2017
$2,230
—
$156,397
—
2016
$2,230
—
$156,397
—
2015
$2,230
1%
$156,397
—
2014
$2,208
—
$156,397
—
2013
$2,208
—
$156,397
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Century 21 Total Real Estate Solutions, LLC

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108 Franklin Street, Madison, NC 27025 (MLS# 1154677) is a Office property. 108 Franklin Street is currently listed for $560,000 and was received on September 05, 2024. Want to learn more about 108 Franklin Street? Do you have questions about finding other Office real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

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