Franklin TN Multi Family for Sale
$650,000
708 Castle Dr Franklin, TN 37067
- Type:
- Cluster
- Sq.Ft.:
- 1,914
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1981
- Baths:
- MLS#:
- 2701963
- Subdivision:
- Heritage Place
ADDITIONAL INFORMATION
INVESTMENT PROPERTY in FRANKLIN!! DUPLEX Rental : Each unit is 2Bed/1Bath with Large Parking area & fenced in back yard - currently month-to-month at $1600 (Unit A) + $1550 (Unit B) - Tenants have been in place for nearly 2 & 4 years respectively - have expressed interest in staying. Current leases would transfer to new owners. Brand NEW Roof & Gutters!! HUGE .36 acre lot measured from tax record - tons of potential & great location!!
$749,500
713 Castle Dr Franklin, TN 37067
- Type:
- Cluster
- Sq.Ft.:
- 2,400
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1981
- Baths:
- MLS#:
- 2690394
- Subdivision:
- Heritage Place
ADDITIONAL INFORMATION
No showings allowed without accepted contract. Franklin Duplex. A unit: 3 bedrooms, 2.5 baths on one side. B unit: 2 bedrooms 1 bath on other side. A unit rented for $2500 per month, 12 month lease, B side is for $900 per month to a family friend, market rate is $2000.00. B side is month to month and could be occupied by an owner occupant. Large deck and large backyard. A unit has been updated. B unit requires 90 days notice to vacate. Annual 2023 Taxes $4,110.10. Insurance $1500+-, $1200 +- maintenance. Current cap rate is 4.5%, but with unit B rented at market rates, 6%+-. Units have been updated periodically.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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Franklin Real Estate
The median home value in Franklin, TN is $923,161. This is higher than the county median home value of $802,500. The national median home value is $338,100. The average price of homes sold in Franklin, TN is $923,161. Approximately 62.74% of Franklin homes are owned, compared to 33.01% rented, while 4.25% are vacant. Franklin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklin real estate agent to arrange a tour today!
Franklin, Tennessee has a population of 81,531. Franklin is less family-centric than the surrounding county with 39.59% of the households containing married families with children. The county average for households married with children is 42.06%.
The median household income in Franklin, Tennessee is $102,721. The median household income for the surrounding county is $116,492 compared to the national median of $69,021. The median age of people living in Franklin is 37.2 years.
Franklin Weather
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 26.3 degrees. The average rainfall is approximately 53.2 inches per year, with 3.6 inches of snow per year.