112 Franklin Lane

Carthage, TN 37030

$250,000
Price
5
Beds
3
Baths
1,728 Sq. Ft.
$145 / Sq. Ft.
1,728
Sq. Ft.
$145
per Sq. Ft.

Description

Great investment opportunity! 3 Apartments with separate entrances and utilities. Tenants in place and all units are currently rented. Several updates have been done. Refrigerator and stove stay in each apartment. Termite contract bi-monthly in place. Tenants are on Month-to-month leases. Selling as is. Please give 24 hour notice to show. Owner financing may be available depending on terms. Great terms are offered. Selling AS-IS.Great investment opportunity! 3 Apartments with separate entrances and utilities. Tenants in place and all units are currently rented. Several updates have been done. Refrigerator and stove stay in each apartment. Termite contract bi-monthly in place. Tenants are on Month-to-month leases. Selling as is. Please give 24 hour notice to show. Owner financing may be available depending on terms. Great terms are offered. Selling AS-IS.
  1. Listed by Mark (Daniel) Kemp • Realty Empire LLC • 6154067380
  2. Listed by Missy Baker • Realty Empire LLC

Property Details for 112 Franklin Lane

Subdivision Name
N/A
View
City
Waterfront
No

Location

Listing Courtesy of Realty Empire LLC, Mark (Daniel) Kemp (615.406.7380); Realty Empire LLC, Missy Baker (615.418.5165)
Add your commute
LISTING UPDATED: 05/31/2024 12:43 PM

Property Details for 112 Franklin Lane

StatusActive
MLS #2656110
Days on Market16
Taxes$1,369 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size-
CountySmith County

Location

Listing Courtesy of Realty Empire LLC, Mark (Daniel) Kemp (615.406.7380); Realty Empire LLC, Missy Baker (615.418.5165)
Add your commute

Building Information for 112 Franklin Lane

Stories2Residences3Year Built1920Building Size-Lot Size-

Payment Calculator

$1,478 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,364

Property Taxes

$114

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 112 Franklin Lane

Summary
Location and General Information
  • Directions: From square in Downtown Carthage, travel past Powell and meadows and turn R on Smotherman. Take Immediate L on Franklin Lane. Road dead ends at triplex.
  • Elementary School: Carthage Elementary
  • High School: Smith County High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Smith County Middle School
  • Mlg Can View: Yes
  • Zoning: C-2
Parking
  • Garage Spaces: .00
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Laminate
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 045P A 01202 000
  • Structure Type: Triplex
Property and Assessments
  • Construction Materials: Vinyl Siding
  • Documents Count: 2
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: Yes
  • Stories: 2
  • Year Built Details: RENOV
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Other
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Metal
  • View YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Unit 1
  • Unit Type Actual Rent: $400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $375.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $425.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Rental Information
Rental Information
  • Total Actual Rent: $1,200

Property History for 112 Franklin Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 112 Franklin Lane

Taxable ValueLand$10,000Additions$43,680Total$53,680
Home Facts
Total Finished SqFt2,048 SqFtAbove Grade Finished SqFt1,728 SqFtFinished Basement SqFt320 SqFtStories2Lot Size8,712 SqFtStyleDuplexYear Built1920Year Renovated1988ZoningC-2CountySMITHAPN080045P A 01202

Schools near 112 Franklin Lane

This home is within Smith County School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Carthage Elementary School
PublicPK to 4

Smith County Middle School
Public5 to 8

Smith County High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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112 Franklin Lane is a multi-family home for sale in Carthage, TN 37030. This property was listed for sale on May 16, 2024 by Realty Empire LLC, it's currently listed at $250,000. It has been on the market for a total of 16 days and was last sold on February 16, 2017. This listing's school district is Smith County School District. Nearby schools include Carthage Elementary School, Smith County Middle School and Smith County High School. 112 Franklin Lane is a 5-bed, 3-bath, 1,728 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Empire LLC, Mark (Daniel) Kemp (615.406.7380); Realty Empire LLC, Missy Baker (615.418.5165)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 05/31/2024 12:43 PM