452 W Adams Street, Franklin, IN 46131

$270,000

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Sold Price
$270,000
List Price
$275,000
MLS#
21986146
Status
SOLD
Days on Market
50
Closing Date
Aug 08, 2024

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.

Additional Information

Expenses
6981
Tenant Pays
Electricity, Gas
Owner Pays
Insurance, Lawncare, Sewer, Trash Collection, Water
Stories
Two
Acres
0.19
Financing
Conventional
Region
Franklin

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC. Selling Office: Smythe & Co, Inc.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative