617 W Franklin Street W Shelbyville, IN $ 274,900
617 W Franklin Street W
$ 274,900
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617 W Franklin Street W

Shelbyville, IN, 46176
$ 274,900
Baths0.0

Monthly Estimate*

$ 1,920

617 W Franklin Street W, Shelbyville, IN 46176 - Image 1
617 W Franklin Street W, Shelbyville, IN 46176 - Image 2
617 W Franklin Street W, Shelbyville, IN 46176 - Image 3
617 W Franklin Street W, Shelbyville, IN 46176 - Image 4
617 W Franklin Street W, Shelbyville, IN 46176 - Image 5
617 W Franklin Street W, Shelbyville, IN 46176 - Image 6
617 W Franklin Street W, Shelbyville, IN 46176 - Image 7
Studio

Multi-Family Home for sale in Shelbyville, IN

for $274,900. This home was built in 1876 on a lot size of 0.1928.

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.

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Multi-Family Active

Price

$ 274,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,664

Style

Colonial,TraditonalAmerican

Lot Size

0.1928

Year Built

1876

Town/City

Shelbyville

County/Region

Shelby

MLS | Web ID

21901996

Features
General
Possession Closing
Zoning COMMERCIAL APTS
Architectural Style Colonial TraditonalAmerican
Construction Materials Vinyl Siding
Year Built 1876
Tenant Pays All Utilities Other
Township Addison
Property SubType Fourplex
Tax Year 2022
Current Use Apt<20
County Shelby
New Construction N
Property Type Residential Income
Subdivision Name L M & M Franklin
Facing Direction North
Status Active
Directions From the Circle head West on Washington until Prospect turn right onto Prospect then left onto W Franklin
High School Shelbyville Sr High School
City Shelbyville
Buyer Agent Compensation 3
High School District Shelbyville Central Schools
Total Units 5
MLS Area 7308 - Shelby - Addison
Lot Size Square Feet 8400
Waterfront Y/N N
Street Name Franklin
Property Attached Y/N Y
Current Financing Conventional
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Days on Market 366
Standard Status Active
Tax Lot 15
Buyer Agent Compensation Type %
Lease Amount 274900
Legal Description L M & M FRANKLIN LT15 617 W FRANKLIN ST (APTS)
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Exterior
Lot Features Other
Foundation Details Block
Lot Size Acres 0.1928
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Interior
Basement (Y/N) N
Street Suffix Street
Laundry Features No Laundry Facil.
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* Excluded Features
List By
Mackenzie Allen, Polston & Ass

Broker

JPOLSTON@MACKENZIEALLENREALESTATE.COM

Email

Affordability Calculator

$2,392
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,920
Monthly Property Taxes
$472
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4045152 Elementary School
4045181 Middle School
Shelbyville Sr High School High School
Pricing History
Date Price Price Change Description
9/13/2023 $274,900 -8.37% Price Down
3/10/2023 $299,995 -7.67% Price Down
1/20/2023 $324,900 Listed Price

Map


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617 W Franklin Street W, Shelbyville, IN, 46176 is a Multi-Family Home for sale at $274,900 with a lot size of 0.1928. 617 W Franklin Street W is a studio with 0.0 baths and was built in 1876. The property's zip code is 46176 which is in Shelbyville, IN