617 West Franklin Street
$274,900
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Description
Cash cow! Calling all investors! This converted 5 unit money maker is now up for sale! Several rehabs have taken place over the past few years, and several infrastructural improvements as well. 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.Cash cow! Calling all investors! This converted 5 unit money maker is now up for sale! Several rehabs have taken place over the past few years, and several infrastructural improvements as well. 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.
- Listed by Justin Polston • Mackenzie Allen, Polston & Ass • JPOLSTON@MACKENZIEALLENREALESTATE.COM
Property Details for 617 West Franklin Street
Architectural Style
Colonial, TraditonalAmerican
Subdivision NameL M & M Franklin
TownshipAddison
WaterfrontNo
ZoningCOMMERCIAL APTS
LISTING UPDATED: 07/01/2024 02:16 AM
Property Details for 617 West Franklin Street
Status | Active |
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MLS # | 21901996 |
Days on Market | 688 |
Taxes | $2,832 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Fourplex |
Year Built | 1876 |
Lot Size | 0.19 AC / 8,398 SF |
County | Shelby County |
Building Information for 617 West Franklin Street
Stories-Residences5Year Built1876Building Size-Lot Size0.19 AC / 8,398 SF
Property Information for 617 West Franklin Street
Property History for 617 West Franklin Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 617 West Franklin Street
Taxable ValueLand$10,900Additions$152,700Total$163,600
Tax Record2023$3,272 ($273 / month)
Home Facts
Baths5Total Finished SqFt2,884 SqFtAbove Grade Finished SqFt2,884 SqFtStories2Lot Size8,400 SqFtStyleMulti-Family Dwelling (2-4)Year Built1876CountySHELBYAPN73-11-06-100-207.000-002
Schools near 617 West Franklin Street
This home is within Shelbyville Central Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 5 |
Rating | School | Distance |
---|---|---|
Thomas A Hendricks Elementary School PublicK to 5 | ||
Shelbyville Middle School Public6 to 8 | ||
Shelbyville Sr High School Public9 to 12 | ||
St Joseph School PrivatePK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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