284 Newnan Street is a five-unit residential income property with four units already leased and producing consistent returns. Current gross monthly rent brings in roughly $4,000 per month. This property offers stable in-place income while leaving room for expansion. Each unit features separate water and gas meters, fresh interior paint, and updated appliances. The fifth unit is vacant and ready for renovation, providing a simple and immediate value-add opportunity that can push cash flow even higher. Located in a peaceful area of Franklin and close to town, this property could be a strong, long-term, income-producing real estate asset with dependable cash flow and room for future growth.
FANTASTIC INVESTMENT PROPERTY Or Could Make A Great Family And/Or Friends Compound In Northeast Heard County On A 1.7 Acre Lot!! Currently all units are rented on a month to month basis and are bringing in a gross monthly income of $3,200!! There is a 22 X 22 detached double garage/shop with a lean to, a concrete slab for a camper. Modular Home #1 has 4 bedrooms and 2 Full Baths with a vaulted Family Room with LVP hardwood flooring, Keeping Room with LVP hardwood flooring with a non-working fireplace with marble surround. Dining Room with LVP hardwood flooring, Sunroom, screened porch with deck on the back. 2 car metal detached carport. The Cottage Home #2 has 1 Bedroom and 1 Full Bathroom with a den and a screened porch! Mobile Home #2 has 2 bedrooms and 1 full bathroom with a family room and a covered front porch. There is also a boat house/office that has a kitchenette/den combo, a full bath & what could be a possible bedroom that is not currently rented. Don't miss out on this rare find in the top rated schools in Georgia!!

Franklin is located in Georgia. Franklin, Georgia has a population of 1,056. Franklin is less family-centric than the surrounding county with 19.78% of the households containing married families with children. The county average for households married with children is 32.57%.
The median household income in Franklin, Georgia is $21,518. The median household income for the surrounding county is $55,635 compared to the national median of $69,021. The median age of people living in Franklin is 45.1 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 31.3 degrees. The average rainfall is approximately 52.2 inches per year, with 0.7 inches of snow per year.