520 Baird Cove Rd, Franklin, NC 28734 (MLS # 26043204)
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Discover an exceptional multi-family investment opportunity in the heart of Franklin, NC! This remarkable property spans approximately 8.2 acres & is minutes from the vibrant downtown area. It features city sewer & water connections already in place, with additional options for expansion. With a well-balanced portfolio of income-generating properties, this site is positioned for immediate returns & future growth. The property includes 14 rental opportunities: 5 thoughtfully designed 3-bedroom, 2-bathroom townhomes built in 2010, perfect for attracting long-term tenants. There's an 8-unit apartment building built in 2012, each unit with 2 bedrooms & 2 bathrooms, meeting the region's strong rental demand. Additionally, a charming 3-bedroom, 2-bathroom single-family home built in 1954 offers versatility as a primary residence or a short-term rental. With considerable undeveloped land & plans for 17 additional residential units, including 15 townhomes & 2 apartments, investors can maximize returns in this desirable location. Franklin's mountain charm & access to highways make this property a rare find. Seize this opportunity to invest in stunning landscapes of Western North Carolina!
| DAYS ON MARKET | 6 | LAST UPDATED | 1/30/2026 |
|---|---|---|---|
| NEIGHBORHOOD | Crawford Land | YEAR BUILT | 2012 |
| COMMUNITY | Franklin | COUNTY | Macon |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Franklin |
| CONSTRUCTION | Other, Stone |
| EXTERIOR | Storage |
| GARAGE | Yes |
| HEAT | Heat Pump |
| INTERIOR | Carpeting Included, Outside Storage |
| LOT | 8.4 acre(s) |
| LOT DESCRIPTION | City Lot, Level, Open Lot |
| PARKING | Paved, Garage, Off Street, Parking Lot |
| STORIES | One, Two |
| SUBDIVISION | Crawford Land |
| TAXES | 9417.38 |
| UTILITIES | Cable Available, Electricity Available, Water Available, Sewer Available |
| VIEW | Yes |
| ZONING | FR1 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Highlands Sotheby's International Realty (MLS)
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.