$270,000
$275,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
452 W Adams ST Franklin, IN 46131
8,276 Sqft Lot
Key Details
Sold Price $270,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Hamilton
MLS Listing ID 21986146
Sold Date 08/08/24
Year Built 1950
Tax Year 2023
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Discover a versatile property in Franklin offering three distinct units, each tailored for living and exceptional investment potential. This property is perfect for investors seeking to maximize rental income or homeowners interested in strategic house hacking. Enjoy privacy and convenience in the vacant lower-level 2 bedroom apartment, complete with its own laundry room and separate utilities. Ideal for tenants seeking comfortable, independent living. Ascend to the upper-level apartment, featuring a layout that includes a formal dining room. This unit provides a galley kitchen, living areas, and convenient laundry facilities, making it an attractive option for tenants. A unique addition, the detached garage has been transformed into an apartment with dedicated laundry amenities, and a versatile layout. With two units already leased and separate meters for electric and gas, this property offers immediate cash flow and the flexibility for house hacking. Conveniently located within walking distance to downtown Franklin, there is easy access to local shops, dining options, and entertainment venues. Quick access to U.S. 31 and direct routes to I-65 ensures effortless commuting and travel, enhancing the property's appeal to both tenants and future buyers. This property not only offers a prime location but also multiple revenue streams and the adaptability to suit various investment strategies. Seize this exceptional opportunity to own a multifaceted property in Franklin's thriving market. Whether you're expanding your investment portfolio or exploring strategic owner-occupied options, this property promises both immediate returns and long-term value.
Location
State IN
County Johnson
Zoning Res 3 fam dwelling platt
Interior
Fireplace N
Exterior
Waterfront false
View Y/N false
Building
Story Two
New Construction false
Schools
Elementary Schools Northwood Elementary School
Middle Schools Franklin Community Middle School
High Schools Franklin Community High School
School District Franklin Community School Corp
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.