$ 749,500
713 Castle Dr Franklin, TN 37067
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Listed by Thomas E. Lochbihler • Loch Company
$ 749,500
Est. payment /mo
Active
713 Castle Dr Franklin, TN 37067
2,400 SqFt
UPDATED:
08/13/2024 06:01 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $312
Subdivision Heritage Place
MLS Listing ID 2690394
HOA Y/N No
Year Built 1981
Annual Tax Amount $4,110
Lot Dimensions 100 X 150
Property Description
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.
Location
State TN
County Williamson County
Zoning Res
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Laminate
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
Waterfront false
View Y/N false
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Moore Elementary
Middle Schools Freedom Intermediate
High Schools Centennial High School
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