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Listed by Beth Adams • Carpenter, REALTORS®
$ 160,000
$ 175,000 8.6%
Est. payment /mo
Sold on 02/18/2025
1636 Franklin ST Martinsville, IN 46151
6,969 Sqft Lot
UPDATED:
Key Details
Sold Price $160,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Hadley Highlands
MLS Listing ID 21999390
Sold Date 02/18/25
Year Built 1950
Tax Year 2023
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Duplex
Property Description
!!Attention investors!! Here is the perfect opportunity to own a nice double in this little town! Centerton Indiana is awesome and the cash flow is "Chef's kiss" estimated at 18,000 annual income. Tenant pays gas and electric, each side metered separately, and no water or sewer bill because the home is on a well and has a septic system (newer well pump and seal). Unit facing the south has been recently remolded. There are 2 addresses, the other unit is 6115 Water St. boasting a new shower stall. Exterior landscaping is fresh and new. Taxes are low. Elementary school and playground right down the street. Combined rent is $1650 per month. That's all we know right now!
Location
State IN
County Morgan
Interior
Cooling Central Electric
Fireplace N
Building
Story One
Foundation Block
Architectural Style Ranch
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Centerton Elementary School
Middle Schools John R. Wooden Middle School
High Schools Martinsville High School
School District Msd Martinsville Schools
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