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About This Home
This land at 423 Iotla Street in Franklin, NC is listed for $975,000 (2.41 acres).
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!
Key Features
- 2.41 acre lot
Location
423 Iotla Street
Franklin, NC 28734
Questions & Answers
This 0-bedroom, 0-bathroom land at 423 Iotla Street is listed at $975,000. The estimated monthly payment is $4,225 based on 20% down at 6.5% interest.
Key features include: 2.41 acre lot.
This property is listed by Kelly Penland and can be reached at 8284217705 or info@kellypenland.com.
