This is a fully rented duplex with long terms tenants. Perfect for investor looking for cash flow positive rental income property.
Investment Opportunity in Franklin! This duplex offers a great opportunity for investors looking to add an income-producing property to their portfolio or for an owner-occupant interested in living in one unit while generating rental income from the other. Each unit features 2 bedrooms and 1 full bathroom. The left unit is currently tenant-occupied at $1,150 per month with a lease in place through January 2027, providing immediate rental income for the new owner. The right unit is currently vacant, offering flexibility to place a new tenant or potentially occupy the unit yourself. With one unit already producing income and additional rental potential from the vacant unit, this property offers multiple possibilities for its next owner. Conveniently located near shopping, dining, schools, and other local amenities in Franklin. Schedule your showing and explore the investment potential at 205 Cobb Street! Tenant-occupied unit requires appropriate notice for showings. 24 hrs notice is recommended

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Franklin is located in Virginia. Franklin, Virginia has a population of 8,249. Franklin is less family-centric than the surrounding county with 28.16% of the households containing married families with children. The county average for households married with children is 28.16%.
The median household income in Franklin, Virginia is $49,424. The median household income for the surrounding county is $49,424 compared to the national median of $69,021. The median age of people living in Franklin is 39 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 29.6 degrees. The average rainfall is approximately 48.5 inches per year, with 4.4 inches of snow per year.