The property at 1412 Chestnut St in Franklin, PA, is a single-family home with four bedrooms and one bath, spanning 1,456 sqft. Considering the average rent range in the area is between $1,500 and $2,600, the potential annual revenue could reach $31.2K. The payback period hinges on acquisition costs and potential improvements. Market trends in Franklin show steady growth, but the property’s age (built in 1900) might require some updates to fully capitalize on its rental potential. Unique features like its spacious layout could attract families, yet the single bathroom could be a limiting factor.

To maximize rental income, consider modernizing the kitchen and enhancing the exterior appeal with fresh paint or landscaping. Adding a second bathroom would significantly enhance marketability. If selling, highlight the property’s historic charm and spacious interior. A strategic marketing approach emphasizing these aspects could attract both buyers and renters, optimizing return on investment.