This is a premium, approximately one-acre commercial site in the Town of Franklin, just across from the entrance to Franklin High
School. The property is improved with a building with six apartment units. These units have been managed with low turnover in mind. These
units are typically leased to long-term tenants, with the majority of the leases on month-to-month terms. This allows a new owner to increase
the rental rates to market levels, which are $850 and up for similar units in this area. Typical units feature painted sheetrock walls, carpeted
flooring, average quality appliances, bathrooms and kitchens. There is adequate paved parking available for each unit with two separate
driveways and access points from Porter Street. The rental market in Franklin is incredible with very little vacancy and rents which have risen
significantly over the past several years. The property is available for sale at the price of $649,000.
The property consists of two buildings that house 6 apartments. Two - 3 bedroom/1 bathroom units. Three - 2 bedroom/1
bathroom units. One - 2 bedroom/ 2 bathrooms unit. *PLEASE MAKE EARNEST MONEY DEPOSIT CHECK TO BUYERS ATTORNEY** Apartments
are occupied, must give 24hr notice to view some apartments. All units will be available to view with an accepted contract during due diligence