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1314 Franklin Ave
High Point, NC 27260 Greater High Point

$310,000 USD

Dormitory For Sale  •  1,634 SF

Property Details

  • Property Type Dormitory
  • Total Building Size 1,634 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1922
  • Cap Rate 15.10 %
  • Zoning R
0 Transit Score
29 Walk Score

Highlights

laundry on site
private parking in back of the home

Financial Summary (Proforma)

Net Operating Income: $45,480 USD (2025)
Cap Rate: 15.10 %
Total Expenses: $8,520 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Fenced Lot
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Wi-Fi
  • Community-Wide WiFi
  • Handrails
  • Porch
  • Vinyl Flooring
  • Individual Locking Bedrooms
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
High Point Station (Piedmont - North Carolina by Train (NC Train)) 4 min - 1.5 mi
AirportDriveWalkDistance
Piedmont Triad International 27 min - 13.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Carlos Parks 919-225-0660 Versatile Real Estate Group, LLC
Carlos Parks 919-225-0660 Versatile Real Estate Group, LLC