705 Castle Drive. Franklin TNFor Sale
Price: $630,000
Available Square Footage: 2,250 sf
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About this Listing
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615.790.5099
tom@lochcompany.com
Description
Franklin Multi Family Duplex for Sale. A: side is a 3 bedroom, 2 bath unit and rents for $1800 per month. B: side is a 2 bedroom 2 bath unit and rents for $1550 per month. Both units were updated in recent years. A side tenant lease expires 12-31-2021. B side tenant lease expires 4-30-22. Property Taxes 2020 $2800+-, Property insurance $850+-, annual maintenance $1500+-. $35,000+- NOI. No showings without an accepted contract contingent on inspection.Details
Property type: Building
Sub type: Multifamily
Price: 630,000
Available square feet: 2,250 sf
Net operating income: 35000
Tax ID: 079H D 007.00 000
Tax amount: $2787.78 - 2020
Sale status: Closed
Sale / lease: For Sale
Cap rate: 5.4
Building square feet: 2,250 sf
Building class: B
Tenancy: 100%
Lot size: 95x150
Floors: 1
