Incredible investment opportunity in the heart of the Franklin NC mountains. Welcome to Oak Forest Cottages - 12 charming little homes awaiting your restoration to the adorable mini-village they once were. What a stellar opportunity for rental income! Ideal for either long-term rentals, a vacation rental hamlet, or utilize for short-term rental homes as are very much needed in the area. The 2.8-acre parcel lays gently, with two common areas which could be used for picnic tables, lawn games, firepits, extra parking, or possibly an additional homesite. Eleven of the homes are 1 bedroom/1 bath and the 12th is a 2/1. One of the cottages also boasts a lower level, which could be refinished again as a 13th rental unit. One unit was formerly set up for a live-in property caretaker. Nine of the cottages had new metal roofs installed in 2021. The location is ideal for easy access to Franklin, Highlands & Sylva NC and Clayton GA and features paved access up to the driveway. You can't find a better location to provide your clients access to rafting, hiking, waterfall-viewing, gem-mining, casinos, fishing, shopping, and all the WNC mountains have to offer!
Sold for $508,000 on 11/30/22
$508,000
258 Belleview Rd, Franklin, NC 28734
1beds
576sqft
SingleFamily
Built in 1963
2 Acres Lot
$599,700 Zestimate®
$882/sqft
$1,077 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Cell Service Available
- Basement: Finished
- Attic: Access Only
- Has fireplace: No
Interior area
- Total interior livable area: 576 sqft
Property
Parking
- Total spaces: 12
- Parking features: Carport
Features
- Exterior features: Wood, Cement / Concrete
Lot
- Size: 2 Acres
Details
- Parcel number: 6594965084
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1963
Community & neighborhood
Location
- Region: Franklin
Other
Other facts
- Water Heater: Electric, Other-See Remarks
- Water/Sewer: Shared Well
- Attic: Access Only
- Floors: Vinyl, Hardwood, Laminate, Ceramic, Other-See Remarks
- Acreage Features: Level
- Financing: Cash, Conventional
- Roofing: Metal
- Road Maintenance: Paved Road, State, Other-See Remarks
- Windows/Doors: Other-See Remarks
- Basement/Foundation: Slab
- Garage/Carport: Carport-Single Detached
- Fuel/Energy/System: Other-See Remarks
- Type & Style: Multi-Family
- Roofing: Other, Composition
- Exterior Finish: Block
- Exterior Features: Storage Building/Shed
- Interior Features: Cell Service Available
- Schools: Septic Tank, See Remarks
- Parcel ID: 6594965084