5 Franklin Pl Chattanooga, TN 37412
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.
- Property TypeMulti-Family
- NeighborhoodHewitt Wilson Etal
- CountyHamilton
- Taxes$1,263
- HOA/Condo/Coop Fees$0
- Days on Site33 Days
- MLS StatusActive
- MLS ID Number1398635
- Home Size Source N/A
- Year Built1930
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Single Carport
- Basement Cellar
- Number of Stories 1
- Acreage 0
- Water Public
- Property Sub Type Triplex
Interior Features
- Cooling Window/ Wall Unit
- Heating Electric
Exterior Features
- Roof Metal
- Lot Extra Lot Available
Community Features
- Community Features Community Laundry