$1,650,000
$1,650,000
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401 N Main ST Franklin, IN 46131
0.4 Acres Lot
Key Details
Sold Price $1,650,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 21739470
Sold Date 01/14/21
Year Built 1972
Tax Year 2019
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type Multi-Family 5+
Property Description
What an Opportunity to own this updated 18 unit Apartment Building in Sought After Downtown Franklin! Located on Coveted Main St. Only 1/4 Mile From the Courthouse the Owners have created a truly unique experience for Tenants to enjoy all of the Activities downtown Franklin has to offer. Total Renovation of Main Street Commons completed in 2018 Inside & Out. Offered at Roughly 6.4% Cap Rate based on Trailing 12 Financials. Come see today these opportunities don't happen often.
Location
State IN
County Johnson
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, Gas, Sewer Connected
Building
Story Three Or More
Foundation Block
Structure Type Brick,Cedar
New Construction false
Others
Acceptable Financing Conventional
Listing Terms Conventional
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