408 N Petway St, Franklin, TN 37064

$475,000 Asking Price

2 beds
1 bath
1,281  sqft
Built in 1954

Welcome to this charming cottage located at 408 North Petway Street in Downtown Franklin, TN! This cozy one-story home, built in 1954, offers 806 square feet of living space on a generous .28-acre lot. With a spacious family room and real hardwood floors throughout the entire home, this adorable home includes two spacious bedrooms and one bathroom and features a welcoming front porch in this quaint downtown Franklin neighborhood. This home is within walking distance to all the shops on Main in Franklin’s highly desirable downtown hotspot. To make this an even sweeter deal, behind the main home there is also a full apartment, with approximately 475 sf of living space, equipped with a kitchen and shower with a newer HVAC mini-split that was installed in 2020. This would be perfect for a mother-in-law suite or a sweet apartment for an adult child that is still living at home. Apartment and/or main house could also potentially be an Airbnb pending city approval. Home is livable but there is a large backyard that would also be perfect to build a brand new home. The options are endless on this one. Don't miss this amazing investment opportunity before it's gone.

Features & Amenities

Interior

General:
High Speed Internet
Laundry:
Electric Dryer Hookup, Washer Hookup
Basement:
Crawl Space
Flooring:
Finished Wood, Tile
A/C:
true, Central Air
Heating:
true, Natural Gas

Exterior

General:
Carriage/Guest House, Storage
Style:
Cottage
Other Structures:
Covered Porch, Covered Patio
Parking:
Asphalt, Driveway, Parking spaces: 6

Construction

Roofing:
Metal
General:
Two

Location

Originating MLS:
realtrac
County:
Williamson County, TN

Lot

Zoning:
094078G A 00500 00009078G

Utilities

Utilities:
Natural Gas Available, Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
realtrac

This listing courtesy of:
Compass RE, Ali Eastburn

About Franklin, TN

Housing

Number of Units
50,310
Median Home Value
$494,901
Median Rent
$1,423

26.77% of housing units are renter occupied.

4.93% are vacant.

Commute

Car
48.52%
Public Transportation
0.16%
Walk to Work
0.41%
Work from Home
49.97%
Other
0.94%

The median travel time to work is 13 minutes.

People

Population
121,659
Median Age
39.70
Median Household Size
2.87

Education

High School
12.23%
Associate’s Degree
5.64%
Bachelor’s Degree
39.04%
Graduate Degree
23.91%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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