Great Opportunity and Potential on Adams Street, approximately 1 mile to Five Points in downtown Franklin! Renovate or Build New! Large Residential Lot - 106' x 200' | ~0.49 Acres; currently Zoned R-4/CFO (Residential 4 District | Central Franklin Overlay); just outside the HP Overlay. Two Story Existing Residence | ~3,200 SF. Main floor features 3 bedrooms and 1.5 baths, living room/dining room, eat-in kitchen, office, and utility/laundry room. The second floor is accessed from interior staircase off the living room and also from exterior stairs leading from the rear parking to the second level rear deck. The private entrance to the second floor helps make it suitable for in-law/teen suite. Upstair's features some recent updating with it's own kitchenette and dining area, den, 2 bedroooms, office, sitting room, and 2 full baths. | 13x28 detached metal shop | NO HOA. Within walking distance to Franklin's Transit bus stop for ease of transportation to shopping and restaurants. Easy walk to the library, Enrichment Center. Acclaimed Franklin Special School District https://www.fssd.org. Inspections welcome but Property being sold "As Is". Possible potential for short-term rental-contact the City of Franklin for information.