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USANCFranklinBrookwood Heights0-520 Baird Cove Rd
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0-520 Baird Cove Rd, Franklin, NC

Condo

For Sale

Listed price in listed location currency (USD).
$3,200,000

320

MLS® 1002518

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size -
Garage Yes
Maintenance Fees 
Taxes $9,417
Days Active 0
Approx. Age 2012
MLS® Number 1002518

Property Address: 0-520 Baird Cove Rd, Franklin, NC, 28734-1999

Average square foot calculated using Size range provided by listing agent.

Description

Discover an exceptional multi-family investment opportunity in the heart of Franklin, NC! This remarkable property spans approximately 8.2 acres and is located just minutes from the vibrant downtown area. It features city sewer and water connections that are already in place for existing buildings, with additional connections available for expansion. This presents a rare and lucrative opportunity for savvy investors. With a well-balanced portfolio of income-generating properties, this site is positioned for both immediate returns and future growth potential. The property features 14 rental opportunities, including 5 thoughtfully designed 3-bedroom, 2-bathroom townhomes built in 2010, ideal for attracting long-term tenants seeking quality housing. Additionally, there is an 8-unit apartment building built in 2012, with each unit featuring 2 bedrooms and 2 bathrooms, strategically located to meet the region's strong rental demand, ensuring a consistent and reliable income stream. Furthermore, the property includes a charming 3-bedroom, 2-bathroom single-family home built in 1954, offering flexibility for use as either a primary residence or a short-term rental and appealing to a variety of potential occupants. One of the standout features of this property is its expansion potential. There is considerable undeveloped land available, and plans are already in place to construct an additional 17 residential units, including 15 townhomes and 2 apartments. Investors can maximize returns in this highly desirable location. Additionally, these townhomes possess the opportunity for subdivision, allowing for each unit to be transformed and sold individually. Franklin is renowned for its enchanting mountain charm and offers convenient access to major highways and an array of local attractions, making it a prime choice for both residents and investors alike. Whether you're aiming to enhance your real estate portfolio or explore the potential of a mixed-use development, this property is a rare find with substantial upside. Don’t let this opportunity slip away! Seize your chance to invest in the stunning landscapes of the Western North Carolina mountains today!
MLS® Number1002518
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelIn Unit
Exposure
Exterior
GarageYes
Approx. Age2012
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 30, 2026List Date
$3,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
520 Baird Cove Rd, Franklin, NC

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