$232,000
Investor's Dream in Franklin, IN - Two Units, Endless Potential! Welcome to a rare opportunity just minutes from Franklin College and steps away from vibrant Downtown Franklin! This unique property offers a spacious 1,706 sq. ft. main unit paired with a 450 sq. ft. rental studio, perfect for investors or savvy buyers looking for dual-income potential. The main unit features a generous layout ready for your personal touch. With a little remodeling, you can unlock its full value and maximize returns. The studio unit is in great condition and currently rented at $750/month, providing immediate cash flow. Recent updates include a new roof, ensuring peace of mind for years to come. Both units offer separate entrances, making this property ideal for tenants, owner-occupants, or a combination of both. Highlights: Dual-unit property: Live in one, rent the other, or rent both! Prime location: Minutes from Franklin College, I-65, and walking distance to shops, restaurants, and entertainment in Downtown Franklin. Investor-ready: Rental income from the studio, with the potential for the main unit to deliver even more. Motivated seller: Act fast for this unbeatable value in a high-demand area! Priced under-market, this property is a steal compared to similar homes in the area. Whether you're an investor or looking for a home with income potential, this is your chance to secure a Franklin gem. Don't miss out-schedule your showing today!
GPS Friendly
Hardwood Floors, Electric Cooktop, Gas Water Heater, Oven, Refrigerator, Covered Porch, Porch Open, Cable Available, Electricity Connected, Gas, Sewer Connected, Water Connected
MLS # | 21996517 |
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Date Listed | 2024-08-16 |
Status | Active |
Property Type | Residential |
Property SubType | Single Family Residence |
Square Feet | 2695 sqft |
New Construction | No |
Style | Craftsman |
Type | Single Family Residence |
Bedrooms | 5 |
Bathrooms | 3 (2 Full, 1 Half) |
Year Taxes Payable | 2023 |
Year Built | 1876 |
Days on Market | 104 |
Design | Craftsman |
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Cooling | Central Electric |
Heating | Forced Air |
Construction | Single Family Residence |
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Exterior | Covered Porch, Porch Open |
Lot Size | 4,169 sq ft |
Acreage | 0.10 Acres |
Sewer | Municipal Sewer Connected |
Water | Municipal/City |
Fence | None |
Area | Johnson |
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County | Johnson |
Subdivision | Hamilton Addition |
Township | Franklin |
City | Franklin |
State | IN |
Zip | 46131 |
School District | Franklin Community School Corp |
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Middle School | Franklin Community Middle School |
High School | Franklin Community High School |
Assoc. Dues | $0.00 |
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MLS# 21996517
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Dana Rivers
Resolute Realty
drivers@resolute-rd.com
Listing updated December 2, 2024 at 4:46 pm
Last checked 7 minutes ago