Investment Opportunity in Franklin! This duplex offers a great opportunity for investors looking to add an income-producing property to their portfolio or for an owner-occupant interested in living in one unit while generating rental income from the other. Each unit features 2 bedrooms and 1 full bathroom.
The left unit is currently tenant-occupied at $1,150 per month with a lease in place through January 2027, providing immediate rental income for the new owner. The right unit is currently vacant, offering flexibility to place a new tenant or potentially occupy the unit yourself.
With one unit already producing income and additional rental potential from the vacant unit, this property offers multiple possibilities for its next owner. Conveniently located near shopping, dining, schools, and other local amenities in Franklin. Schedule your showing and explore the investment potential at 205 Cobb Street!
Tenant-occupied unit requires appropriate notice for showings. 24 hrs notice is recommended
161 days
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373
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27
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Zillow last checked:
Listing updated:
Listed by:
Brittany Smithers804-334-7494,
EXP Realty, LLC804-729-5188,
Jared Davis804-536-6100,
EXP Realty, LLC
Source: CVRMLS,MLS#: 2600863Originating MLS: Central Virginia Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Features
Has basement: No
Attic: Pull Down Stairs
Interior area
Total interior livable area: 1,554 sqft
Property
Parking
Parking features: Driveway, Paved
Has uncovered spaces: Yes
Features
Levels: Two
Stories: 2
Exterior features: Paved Driveway
Lot
Size: 8,755 Square Feet
Details
Parcel number: 121059141
Zoning description: R2
Special conditions: Corporate Listing
Construction
Type & style
Home type: MultiFamily
Architectural style: Two Story
Property subtype: Duplex, Multi Family, Multi Family