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397 N Main St, Franklin, IN 46131

$33,725+/Unit

Commercial property for sale

Added: 08/29/2013
Last Update: 08/29/2013
397 N Main St Franklin, IN 46131 US
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Contact info

  • 812-378-7955 [Office] 

Description

Historic 4 plex in downtown Franklin. This is a stable property withconsistently low vacancy and long term tenants. The units are spacious andfeature classic architectural details of the 1920's with tall windows, large baseboard trim and crown moldings, built in cabinets and true charm. The property is in a prime location. It is conveniently located withinwalking distance to Franklin College, Franklin senior center, downtownbusinesses & restaurants, and the large chain companies on US31. This property can be purchased together with 399 N Main (4 unit) & 401 N Main (18 unit). Additional adjacent lots are available. There is potential for new and/or redevelopment here. Building price details: $134,900.

Property Details

  • Type: Multifamily
  • Use Types:Duplex/Fourplex, Low-Rise/Garden
  • Status: Available
  • Year Built: 1920
  • MSA: Indianapolis-Carmel
  • Zoning: RESIDENTIAL
  • Buildings: 1

Terms

  • Cash to Seller 

Agent

Tara Board
812-378-7955 [Office]

Map Locations