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Key Details
Sold Price $330,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 3,428 sqft
Price per Sqft $96
MLS Listing ID 22017569
Sold Date 04/24/25
Year Built 1900
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Multi-Family 5+
Property Description
Turnkey 5-Unit Investment Property - Fully Rented & Renovated! Don't miss this prime investment opportunity! This fully rented, five-unit property brings in a strong monthly rental income of $4252, with significant potential for increased rents as current rates remain below market value. There are three two-bedroom units, with the highest rent currently at only $1000 per month-leaving ample room for growth! Recently renovated from top to bottom, the property features new siding, windows, gutters, furnace, water heater, and appliances, ensuring low-maintenance ownership and long-term durability. With ample parking for all tenants, this property is both a smart investment and a highly desirable rental option. This is your chance to own a high-performing, income-generating asset with room for growth. Schedule a showing today!
Location
State IN
County Clinton
Zoning bres
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Building
Story 2
Foundation Block
Architectural Style Other
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Blue Ridge Primary Elementary Sch
Middle Schools Frankfort Middle School
High Schools Frankfort High School
School District Community Schools Of Frankfort
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