Seller's Agent in 2022
Lucas Pyles
NextHome Realty Experts
(270) 282-4005
27 Total Sales
114 Drew Brooke Dr Franklin, KY 42134
Estimated Value: $222,000 - $268,000
4
Beds
8
Baths
1,984
Sq Ft
$121/Sq Ft
Est. Value
About This Home
As of October 2022Calling all investors! Bring your highest and best offers! This duplex features two 2 bed, 2 bath units. Units currently rented on month-to-month leases. Seller owns 3 duplexes in total next to each other and is willing to sell as a package deal. Tenants pay utilities. Contact agent for details. These duplexes will not last! Showings only available upon accepted offer. Built in 1996, New roofs installed in 2018, Five of the six HVAC units were replaced recently, four of them with top-of-the-line Luxaire units, each unit is approximately 1000 ft.², 2 bed 2 bath units, four parking spots with each duplex building with oversized and paved asphalt driveways, storage building with each unit. Annual rent is $18,000 for this individual unit, $54,600 is the annual rent for the entire portfolio. Properties are close to I-65 with many local factories and amenities making these the PERFECT multifamily investment opportunity. Franklin is approximately 23 minutes from Bowling Green and 50 minutes from Nashville. These duplexes are a great option for increasing your portfolio or for a 1031 exchange.
Last Agent to Sell the Property
NextHome Realty Experts License #276491 Listed on: 07/30/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,814
Year Built
- Built in 1998
Lot Details
- 9,583
Additional Features
- 9,583 Sq Ft Lot
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 6112
Community Details
Overview
- 3 Buildings
- 6 Units
- Crestview Subdivision
Building Details
- Gross Income $18,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2022 10/04/22 | Sold | $205,000 | -4.7% | $103 / Sq Ft |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- |
| 07/30/2022 07/30/22 | For Sale | $215,000 | -- | $108 / Sq Ft |
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,814 | $205,000 | $0 | $0 |
| 2023 | $1,909 | $205,000 | $0 | $0 |
| 2022 | $1,560 | $178,334 | $0 | $0 |
| 2021 | $1,380 | $159,000 | $0 | $0 |
| 2020 | $1,394 | $159,000 | $0 | $0 |
| 2019 | $1,421 | $159,000 | $0 | $0 |
| 2018 | $1,415 | $159,000 | $0 | $0 |
| 2017 | $1,383 | $159,000 | $0 | $0 |
| 2016 | $1,371 | $159,000 | $0 | $0 |
| 2015 | -- | $159,000 | $0 | $0 |
| 2013 | -- | $130,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
MLS Number: RA20223536
APN: 042-15-00-010.00
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