108 Franklin St Madison, NC 27025

This exceptional income-producing property at 108 Franklin Street in Madison, NC, presents a compelling investment opportunity. The fully renovated building boasts four individual office suites, each currently leased at $1,000 per month, generating a substantial gross monthly income of $4,000. Extensive renovations were completed in 2020, encompassing a complete interior remodel and the installation of new, high-efficiency heat pumps and central air conditioning systems. Each suite offers a private entrance for tenant convenience, and ample parking is available. The building benefits from a strong tenant base, secured by three-year leases, ensuring a guaranteed income stream for the foreseeable future. Its prime downtown location places it within easy walking distance of a variety of shops and restaurants, enhancing its appeal and potential for future growth. The property's strategic positioning is further emphasized by its proximity to major transportation routes, being approximately two miles from the intersection of US-220 and I-73. This turnkey investment offers a rare blend of immediate income generation, modern amenities, and a highly desirable location. Private showings are available by appointment only