This premium approximately one-acre commercial property is located in the heart of Franklin, directly across from the entrance to Franklin High School, offering significant visibility and high traffic exposure. The property is developed with two buildings containing six apartment units, each managed with low turnover and leased predominantly on month-to-month terms. This presents an excellent opportunity for a new owner to raise rents to current market rates, which start at $850 for comparable units in the area. The apartments are equipped with basic, but functional finishes including painted sheetrock walls, carpeted floors, and average quality appliances. Ample paved parking is available with two separate driveways and access points from Porter Street. The rental market in Franklin is robust, with very low vacancy rates and rents increasing steadily over recent years. The property is priced at $649,000 and offers strong potential for growth and improved returns. The building features a mix of two 3-bedroom/1-bath units, three 2-bedroom/1-bath units, and one 2-bedroom/2-bath unit. Showings are available with 24-hour notice, and all units will be accessible for viewing once under contract during the due diligence period.