Multifamily For Sale

$975,000

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1 & 21 Carriage Circle

  • – beds
  • – baths
  • 4,400 sqft
  • ~13 acre lot
  • $221 per sqft
  • 1986 build
  • on site

GREAT Investment opportunity at the Gated Lake Royale Community; 2 Buildings (1 and 21) each with 4 units. 2 story w/2 bedrooms; 2 baths; 1st floor kitchen, living room, bath, fireplace and patio; 2nd floor are bedroom,, bath and deck. Each unit is 1100 sq. ft; current the rents vary, and new tenants will be paying $950.00 a month per unit. All units currently rented. Listing includes building 1 w/4 units on 1.15 acres; building 21 w/4 units on 11.06 acres; 1.7 acre with coming soon laundry facility.

TMLS logo Listing courtesy of TMLS / Folks Properties Inc.

Last checked: Checking… • Last updated Apr 18, 2021 •

MLS# 2369136 —

Amenities & Taxes

The Building

Year Built:
1986
Type:
Quad
Foundation:
Slab
Exterior Finish:
HrdBoard/Masonite

Interior

Total Living Area:
4,400 Sqft
Total Other Area:
0 Sqft
Flooring:
Carpet/Wood, Tile

Financial & Terms

HOA 1 Fees Amount:
$7,512
Association Fee Paid:
Annually

Location

County:
Franklin

The Property

Lot Number:
1 and 22
Lot Description:
Private Rd Main. Agree
Acres:
13

Listing Agent

Contact info:

The Listing

Asking Price:
$975,000
Status:
Active
Days on Market:
4

Heating & Cooling

A/C
Central Air
Heating:
Forced Air
Fuel Heat:
Electric

Utilities

Water/Sewer:
County Water, Septic Tank

Schools

Elementary School:
Franklin - Ed Best
Middle School:
Franklin - Bunn
High School:
Franklin - Bunn

The Community

Subdivision:
Lake Royale

Parking

Parking:
2 space/Unit

Extra Units

Unit 1 Features:
2 Baths, 2 Bedroom, Deck, Dishwasher, Fireplace, Kitchen, Living Room, Patio, Range/Oven, Refrigerator
Unit 2 Features:
2 Baths, 2 Bedroom, Deck, Dishwasher, Fireplace, Kitchen, Living Room, Patio, Range/Oven, Refrigerator
Unit 3 Features:
2 Baths, 2 Bedroom, Deck, Dishwasher, Fireplace, Kitchen, Living Room, Patio, Range/Oven, Refrigerator
Unit 4 Features:
2 Baths, 2 Bedroom, Deck, Dishwasher, Fireplace, Kitchen, Living Room, Patio, Range/Oven, Refrigerator
Total Units:
8

Schools

Rating Details
3

Bunn High School

  • Public
  • 9-12
  • 3.6 mi
4

Bunn Middle School

  • Public
  • 6-8
  • 4.8 mi
7

Edward Best Elementary School

  • Public
  • K-5
  • 10.1 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

  • FEMA Zone (est.):
  • Flood insurance:

Get an instant insurance quote

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

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Sale history

Date Event Source Price % Change
2/26/21
Listed / Active TMLS $975,000

Finding records…

No additional history available

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