423 Iotla Street, Franklin NC 28734

$975,000
Est. $3,253/mo
Beds
Baths
SqFt

Commercial opportunity awaits in downtown Franklin, NC! One of the last remaining large parcels within walking distance to downtown, this 2.41-acre gentle property is in a prime location for development. CITY water, sewer and Toccoa natural gas are available and the parcel is off a state-maintained road. Currently zoned R-1, there are multiple options for multi-family & single-family homesites. Picture 14 townhomes with a courtyard & dog park; 7 duplex homes with single-level living to attract senior residents; 4 to 10 single family homes (or lots); or a magnificent in-town estate nestled with privacy between the old oak trees. Rezoning for other opportunities is also possible. Owned by Dr. J.H. Fouts in the 1890's, this historic two-family home (with full apartment below) could be an absolute showplace! Stunning large rooms with soaring 11-foot ceilings, historic woodworking details, heart of pine flooring, terrarium sunroom, clawfoot tub and simply timeless charm. A beautiful 2-car carport is nearby. The 1,100 square foot workshop could be renovated into another home, storefront, or massive workshop/storage space. An open canvas of possibilities awaits on Iotla Street!

Listed by:
Kelly Penland, Bald Head Realty
Source: Carolina Smokies Association of Realtors

Property Overview

Added Neighborhood
About 2 months ago None
Type Status Lot Size
Land Active 2.41 acres
County Built MLS#
Macon 26041932

Commute Time


Additional Details

Legal
Property
Utilities
Community

Payment Estimator

Total Monthly Payment
$2,803
Monthly Interest
$95
% Down
% Principal
% Interest
$975,000.0
20% ($195,000)
3.5%
423 Iotla Street
423 Iotla Street

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