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5 Franklin Place, Chattanooga, TN 37412
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$190,000
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Home Details for 5 Franklin Place
Price
$190,000
Type
Multi Family
Bedrooms
3
Full Bathrooms
3
Year Build
1930
Sq. Ft.
908
County
Hamilton
Tax
$1,263.52
MLS®️ Listing#
1507159
On exitrealty.com
324 days
Property Description
Welcome to 5 Franklin Pl, Chattanooga, TN 37411—an income-producing multi-family property with three rented units, each featuring one bedroom and one bathroom. This investment opportunity offers immediate cash flow with a gross monthly income of $2,300, with all tenants currently on month-to-month leases. The property includes a durable metal roof, a convenient community laundry area, and utilities covered by the owner. Whether you're looking to continue renting for steady income, renovate and increase rents for greater returns, or even live in one unit while renting out the others to cover your mortgage, this property offers endless possibilities. Don't miss out on this versatile investment in a prime location! No showings without an accepted offer.
- Cooling Information
- Window Unit(s)
- Multi Units
- Heating Information
- Electric
- Water Features
- Public
- Utilities
- Sewer Connected
- Parking
- Off Street
School Information
School Information for 5 Franklin Place
Elementary School
East Ridge Elementary
Middle School
East Ridge Middle
High School
East Ridge High
Listing Courtesy: Crye-Leike, REALTORS - 423-870-5202. Presented by: Robert J Fitzgerald
Listings courtesy of Greater Chattanooga Association of Realtors. This IDX information is provided exclusively for consumers’ personal, non-commercial
use. This information may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing. This data is deemed reliable but is not
guaranteed accurate by the MLS.
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Market statistics compiled from data from Greater Chattanooga REALTORS(R).
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$190,000
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EXIT REALTY CDRES
137 River St, Chattanooga, TN 37405