617 W Franklin ST, Shelbyville, IN 46176
617 W Franklin ST, Shelbyville, IN 46176
617 W Franklin ST, Shelbyville, IN 46176
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Listed by Justin Polston • Mackenzie Allen, Polston & Ass
$299,999
Est. payment /mo
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8,276 Sqft Lot
Active

617 W Franklin ST Shelbyville, IN 46176

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Audri McGrane

Audri McGrane

+1(317) 509-9729

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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

MIBOR MLS
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Audri McGrane

Audri McGrane

Director of Operations | RBRB18002064

+1(317) 509-9729

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617 W Franklin ST

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