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Listed by Justin Polston • Mackenzie Allen, Polston & Ass
$ 324,900
Est. payment /mo
New
617 W Franklin ST Shelbyville, IN 46176
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision L M & M Franklin
MLS Listing ID 22078666
Year Built 1876
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Quadruplex
Property Description
CASH COW! CALLING ALL INVESTORS! Incredible opportunity in the booming Shelbyville Community. Located in historic West Side, This 5 unit money maker is now up for sale! Why buy one investment door when you can buy 5? Several rehabs have taken place over the past few years, and several infrastructural improvements as well. Nice architectural features, sits on a corner of alley for easy parking for tenants and curb appeal. Breakdown of 5 aparrtments - - - Four 1 bedroom units and one studio. Rents are exceptional and LL pays all utilities with tenants reimbursing. Almost $50,000 of annual rent revenues. Additional 5 doors available on W Pennsylvania and can be sold as a package.
Location
State IN
County Shelby
Zoning COMMERCIAL APTS
Interior
Fireplace N
Building
Story Two
Foundation Block, Brick/Mortar
Architectural Style Colonial, Traditional
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Thomas A Hendricks Elementary Sch
Middle Schools Shelbyville Middle School
High Schools Shelbyville Sr High School
School District Shelbyville Central Schools
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