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Sold

$508,000

258 Belleview Road, Franklin, NC 28734

13 Baths
575 Sq.Ft.
Est. payment from /mo

Property Description

ACCEPTING BACKUP OFFERS! Incredible investment opportunity in the heart of the Franklin NC mountains. Welcome to Oak Forest Cottages - 12 charming little homes awaiting your restoration to the adorable mini-village they once were. What a stellar opportunity for rental income! Ideal for either long-term rentals, a vacation rental hamlet, or utilize for short-term rental homes as are very much needed in the area. The 2.8-acre parcel lays gently, with two common areas which could be used for picnic tables, lawn games, firepits, extra parking, or possibly an additional homesite. Eleven of the homes are 1 bedroom/1 bath and the 12th is a 2/1. One of the cottages also boasts a lower level, which could be refinished again as a 13th rental unit. One unit was formerly set up for a live-in property caretaker. Nine of the cottages had new metal roofs installed in 2021. The location is ideal for easy access to Franklin, Highlands & Sylva NC and Clayton GA and features paved access up to the driveway. You can't find a better location to provide your clients access to rafting, hiking, waterfall-viewing, gem-mining, casinos, fishing, shopping, and all the WNC mountains have to offer!
ACCEPTING BACKUP OFFERS! Incredible investment opportunity in the heart of the Franklin NC mountains. Welcome to Oak Forest Cottages - 12 charming little homes awaiting your restoration to the adorable mini-village they once were. What a stellar opportunity for rental income! Ideal for either long-term rentals, a vacation rental hamlet, or utilize for short-term rental homes as are very much needed in the area. The 2.8-acre parcel lays gently, with two common areas which could be used for picnic tables, lawn games, firepits, extra parking, or possibly an additional homesite. Eleven of the homes are 1 bedroom/1 bath and the 12th is a 2/1. One of the cottages also boasts a lower level, which could be refinished again as a 13th rental unit. One unit was formerly set up for a live-in proper...
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Interior

Flooring
Carpet, Vinyl

Area & Lot

Lot Size
2.8 Acres
MLS® ID
26026867
Type
Commercial
Year Built
1963

Exterior & Building

Stories
1
Water Source
Well
Utilites
Electricity Available, Phone Available
Roof
Metal, Shingle, Other
Lot Features
County, Other-See Remarks
Parking
Other
Heat Type
Electric Heat Pump, Wall Furnace, Other
Air Conditioning
Central Electric Heat Pump, Other
Sewer
Septic Tank

Finance

Reduced Price
Price Upon Request
Real Estate Taxes
$3,050/yr
258 Belleview Road

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