Franklin, TN 37064,509 Alexander Dr
Listed by Thomas E. Lochbihler • Loch Company

$555,000

$595,000

6.7%
Est.Price: ?

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Est. payment /mo

4,488 SqFt


SOLD DATE : 11/04/2021

Key Details

Sold Price $555,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,488 sqft

Price per Sqft $123

Subdivision Magnolia Place

MLS Listing ID 2267178

Sold Date 11/04/21

Year Built 1983

Annual Tax Amount $3,442

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 61 X 192

Property Description

Franklin Multi Family.  Duplex with large back yard.  Each tenant pays $1425.00 per month.  2 Bedroom 1 1/2 bath units.  A side lease expires 3-30-2023.  B side lease expires May 31, 2022.  Both units have been upgraded in recent years. Fireplaces. Washer and Dryer area off kitchen.  Property Taxes $3432, Insurance $850, Maintenance $1500. NOI: $28,418. No operating reserve. Expenses average $5,582.00

Location

State TN

County Williamson County

Zoning res

Interior

Heating Central

Cooling Electric

Flooring Laminate

Fireplace N

Exterior

Waterfront false

View Y/N false

Roof Type Shingle

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Johnson Elementary

Middle Schools Freedom Intermediate

High Schools Franklin High School

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376 Herring Drive, Unit # 2, Nashville, TN, 37210

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