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617 W Franklin St, Shelbyville, IN, 46176

1beds
1baths
--sqft
$324,900
--price/sqft
$2,495/moest. monthly cost
$99,800/yrincome needed

About This Home

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.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

6/10
6/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1876

Materials

  • Foundation: Block,Brick/Mortar
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial,Traditional
  • Property subType: Multi Family,Quadruplex

Interior

Appliances

  • Laundry features: Common Laundry

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Property

Details

  • Parcel number: 731106100207000002
  • Attached to another structure: Yes
  • Zoning: COMMERCIAL APTS
  • Special condition: As Is,Defects/None Noted

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 8,276 sqft
  • Features: Other