Franklin Duplex
Closed
Price: $559,500
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About this Listing
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615.790.5099
tom@lochcompany.com
Description
Prime Franklin TN multifamily property. Close to downtown Franklin, parks, shopping and entertainment. Property has been updated. Excellent tenant stability. Room for income improvements or possible redevelopment. $36,000 gross income. $5500 annual expenses. Two, 1096 sq. ft. 2 bedroom units. $1650 unit A, $1700 Unit B.
Details
Online:
Property Type: Building
Sub Type: Multifamily
Price: 559,500
Sale Status: Closed
Sale Type: Sale
Cap Rate: 5.6
Building Square Feet: 2,092 sf
Tenancy: Occupied
Class: C
Zoning: Duplex
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