BEDS0
BATHS
SQUARE FEET2,776
MLS#3636417
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
A prime development opportunity awaits with two properties located at 394 & 410 Franklin Road, offering a combined 1.6 acres and 276 feet of road frontage. With this combined acreage and road frontage, you have the potential for multiple homes or townhomes (subject to zoning and approval). The property includes two existing homes: 394 Franklin Road, which features 3 bedrooms, 1 full bath, totaling 1,368 square feet & bringing a total monthly rent amount of $1,500. While 410 Franklin Road offers 3 bedrooms, 2 bathrooms totaling 1,408 square feet & bringing a total monthly rent amount of $1,300. Surrounded by ongoing commercial and residential development, this location puts you right in the path of progress. Located just 5 minutes from downtown Lebanon and less than 5 minutes from I-40, with an approximate 25-minute commute to downtown Nashville. All utilities are available at the road. With outstanding development potential, these properties present an ideal opportunity for investors and developers looking to capitalize on Lebanon's continued growth.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Heating: Central, Natural Gas
Lot Size: 2
Stories: 1.0
Taxes: $1,159
Year Built: 1953
Feature Descriptions
Exterior: Vinyl Siding
Flooring: Vinyl
Lot Dimensions: 1.61
Parcel#: 081G A 01600 000
Parking: Driveway, Gravel
Parking Notes: Driveway, Gravel
Sewer: Public Sewer
Units: 2
Utilities: Electricity Available, Natural Gas Available, Water Available
Water: Public
Local Schools
High School: Lebanon High School
Middle School: Winfree Bryant Middle School
Elementary School: Byars Dowdy Elementary
Listed By / Shown By
Listed By
Agency Name: Sallis Realty Group
Agency Phone: 6154375913
Shown By
Agent Name: Miley Barcus
Agent Phone: (615) 642-4733
Agency Title: Crye-Leike Real Estate Services
Source: Nashville MLS
Estimate Your Payment
Estimated Payment
$ 2,236.23 per month $1,891.73 Principal & Interest $96.58 Property Tax $247.92 Homeowner's InsuranceChange Payment Information
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394 Franklin Rd | MLS# 3636417
This multi-family property located at 394 Franklin Rd , Lebanon, TN 37087 is currently listed for sale with an asking price of $849,999. Search Lebanon real estate on mileybarcus.crye-leike.com today.