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401 N Main St, Franklin, IN 46131

$44,167+/Unit

Commercial property for sale

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

  • 812-378-7955 [Office] 

Description

Beautifully maintained 18 unit apartment complex located in downtownFranklin. This is a stable property with consistently low vacancy andlong term tenants. Many units have been renovated and include washer & dryer hook ups, and ceramic flooring. All windows and sliding glass doors are new. The units are spacious and have balconies overlooking a park like setting behind the property.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 US 31.This property can be purchased together with 397 N Main (4 unit) & 399 N Main (4 unit). Additional adjacent lots are available. There is excellent potential for new or redevelopment here. Building price details: $795,000.

Property Details

  • Type: Multifamily
  • Use Types:Low-Rise/Garden
  • Status: Available
  • Year Built: 1972
  • MSA: Indianapolis-Carmel
  • Buildings: 1

Terms

  • Cash to Seller 

Agent

Tara Board
812-378-7955 [Office]

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