Price
$559,000Square Feet
1,598
Year Built
2026
Location
Franklinton, Granville County
For Comparative Purposes Only.
US 1N-Left on NC-96 N - Turn right to Long Mill Rd, drive ~4.4 mi - Left to Fred Wilder Rd - Turn left onto NC-56 W - Turn right onto Grove Hill Rd-drive ~.4 mi. New Home is across from the intersection with Flat Rock Rd.
Contact the listing agent for details, showings, or to make an offer.
Ali Watts
Listing Agent
Donna Saldo
Co-Listing Agent
Step into luxury in this beautiful 4 bedroom 4 bath home in sought after Cedar Knolls. Award-winning custom home builder has included all the features that make a house into your own personal retreat whether for private relaxation or entertaining friends and family. First floor primary features spa-like ensuite bath large shower, soaking tub, and separate vanities.
Downtown Villas is a turnkey portfolio of 10 furnished residences operating within one centralized community in Rocky Mount. Currently operating as extended-stay housing. Generating approximately $214,000 in annual revenue and over $131,000 in NOI, the portfolio combines cash flow with operational infrastructure, individually deeded parcels, and embedded growth opportunities. 3 duplexes and 4 townhomes in one location, with income expansion opportunity to add two ADUs in the rear. All units have been renovated or are newly built, requiring minimal maintenance. Smart systems included security and electronic keypads. Property Address (with Bedroom/Bathrooms): 118 S Grace St (2/2), 122 S. Grace St (2/1.5), 128 S Grace St (1/1), and 4 townhomes on Western Ave (2/1.5 each). Current photos are posted for the 118 S Grace St duplex. See the videos for an overview of the entire portfolio. All units are renovated and fully furnished. Interested investors should reach out for additional details, including photos for all units, the pro forma, and other investment questions. Investment highlights - Turnkey multifamily property: 3 duplexes and 4 townhomes, fully furnished - Built or renovated: 2023-2025, requiring minimal maintenance - Purpose-built for extended-stay furnished housing - Income expansion potential: add two additional ADUs on two parcels (10 12 units) - Cash Flow: $214K+ Revenue, $131K+ NOI - Operational Infrastructure: Established systems provide operational efficiencies and management flexibility, with self-management upside - Established guest reputation: 100+ Reviews - Proximity to UNC Health Nash, Rocky Mount Mills, Downtown Rocky Mount, I-95 access
Welcome to 1580 Rhodeschool located conveniently across from 3-Points Park. Downstairs hosts full open space living, dining, and kitchen including a small office or workspace off the dining room area. Upstairs holds three bedrooms, two full baths, and a large, versatile loft space. Outdoor living is a true private retreat, featuring a a large covered front porch, upper-level covered balcony off the primary suite, and a lower porch overlooking the fenced backyard and detached two-car garage. Wendell Falls is the perfect community for amenities including the clubhouse and pools. Don't forget you can take your golf cart or a short drive for groceries, dining, and other shops.
