1079 State Highway 98 E, Louisburg, NC 27549

This existing 22 acre property is being subdivided to separate 17 acres of wooded lot from the home and remaining 5 acres. The home will be sold as a rental property and is a fully renovated and expanded 2300 sq ft home on 5 acres. Everything new - roof, siding, floor, septic tank, well, hvac, hot water heater, etc. - so a great opportunity for a properly prepped long term investment. It is on schedule to be surveyed and separated in late April. The home is already being rented and managed by Raynor Real Estate for a small fee. Rent is $2445 a month and tenant is already signed and moved in. The home parcel is listed at $400000.00 and documents regarding appraisal, inspection, and rental can be provided upon request. The wooded 17 acre parcel will be listed at $275000.00 and documents regarding appraisal can be provided upon request. According to discussion with Franklin County and Surveyor, approximately 2-4 acres will be buildable and perc test can be completed by interested buyers. Separate parcel number will be provided when it is produced by county.