5 Franklin Place
Chattanooga, TN 37412
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.
Property Details
- Elementary SchoolEast Ridge Elementary
- Lot DescriptionExtra Lot Available
- SubdivisionHewitt Wilson Etal
- Middle SchoolEast Ridge Middle
- Utility SourceOn Sewer, Public
- High SchoolEast Ridge High
- Property TypeMulti-Family
- CountyHamilton
- MLS #1398635
- Property SubtypeTriplex
- MLS #1398635
- BasementCellar
- Cost190000
- RoofMetal
- Year Built1930
Location
Legal
© California Desert Association of REALTORS® MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: GCAR
Listing Courtesy
Listing Agent: Robert J Fitzgerald (#15147)
Listing Office: Crye-Leike, REALTORS (#243)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
