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Franklin,IN 46131
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,695 sqft
Price per Sqft $86
Subdivision Hamilton Addition
MLS Listing ID 21996517
Bedrooms 5
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1876
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Property Description
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!
Location
State IN
County Johnson
Rooms
Main Level Bedrooms 1
Kitchen Kitchen Country
Interior
Interior Features Hardwood Floors
Heating Forced Air
Cooling Central Electric
Equipment Not Applicable
Fireplace Y
Appliance Electric Cooktop,Gas Water Heater,Oven,Refrigerator
Exterior
Exterior Feature Not Applicable
Utilities Available Cable Available,Electricity Connected,Gas,Sewer Connected,Water Connected
View Y/N false
Building
Story Two
Foundation Brick
Water Municipal/City
Architectural Style Craftsman
Structure Type Wood
New Construction false
Schools
Middle Schools Franklin Community Middle School
High Schools Franklin Community High School
School District Franklin Community School Corp