105 Layton Street, Franklinton, NC 27525
MULTI_FAMILY - Franklinton, NC
- Added:
- Jun 3, 2026
- Days on Market:
- 34
- Last Refresh:
- Jul 6 at 6:06 pm
Property Features for 105 Layton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Single Multi Fa
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 1
- Standard status
- Active
- APN
- 026636
- Size
- 672 SF
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1310
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing agent Carlene Nace License #277053 (919) 623-3309
Listing office Anchored Realty Services LLC 90 Rabbit Run, Wake Forest, NC (919) 623-3309
Listing date Jun 3, 2026
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Currently leased as a Section 8 rental with a long‑term tenant
- Oversized in‑town lot with detached garage
- 1973 construction with vinyl siding and a shingle roof
- Forced‑air heating and central air cooling
- Public water and public sewer
- Interior includes 2 bedrooms and 1 bathroom
Overview
The address is 105 Layton Street in Franklinton, North Carolina (Franklin County). The property is zoned “Single Multi Fa,” which supports a multi-family use framework. The exterior lot size offers room for standard residential operations tied to an income property, while the detached garage adds a second structure to the parcel.
For buyers looking for immediate rental income, the current Section 8 tenancy provides an occupied holding strategy. For buyers with longer-range plans, the parcel is also described as having potential for additional improvements over time. Whether your goal is to maintain it as a rental or make future site changes, this property combines an in-town lot size and a detached garage with a zoning designation that aligns with multi-family residential use.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.3k | $19.80 |
| − Vacancy | −$798 | −$1.19 |
| EGI | $12.5k | $18.61 |
| − OpEx | −$5.6k | −$8.38 |
| NOI | $6.9k | $10.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Franklinton
- County
- Franklin
- State
- North Carolina
- Longitude
- -78.443698
- Latitude
- 36.105284
