205 Cobb Street, Franklin, VA 23851

$205,000
1,554
SqFt

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List Price
$205,000
Price Change
▼ $10,000 1783491519
Days on Market
245
MLS#
CVR-2600863
Status
ACTIVE
Type
Multifamily
Style
Two Story
Year Built
1952
County
Franklin City
Region
142 - Franklin City
Neighborhood
Franklin
Subdivision
Franklin

Property Description

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

Additional Information

Acres
0.20
Living Area
1,554
Exterior Features
Paved Driveway
Elementary School
S P Morton
Middle School
J P King
High School
Franklin
Roof
Shingle
Taxes
$1,171

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Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC.

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All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .