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Franklin Duplex
For Sale

Price: $559,500

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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

Property type: Building

Sub type: Multifamily

Price: 559,500

Zoning: Duplex

Sale status: Closed

Sale / lease: For Sale

Cap rate: 5.6

Building square feet: 2,092 sf

Building class: C

Tenancy: Occupied

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