Looking for an investment property in downtown Franklin? This could be your diamond in the rough! Mixed use zoning: currently used as Jewelry Store and office space. Over 2700sf including storefront. Complete restoration of home required. Could be converted back to a multi-family with storefront OR could use as owner occupied. The storefront was constructed in 1965 and is on separate furnace, all other utilities on one meter/updated electrical panel (Duke). Previous multi-family had four units: each w/ 1 bedroom & full bath, two kitchens up & one on main. Property is not in the flood plain.
Sold
$250,000
98 W Madison St, Franklin, IN 46131
--beds
--baths
--sqft
Multi Family, Duplex
Built in 1985
-- sqft lot
$297,500 Zestimate®
$--/sqft
$1,244 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 25, 2024 at 03:29pm
Listing Provided by:
Jobea Trefny 317-691-1367,
Carpenter, REALTORS®
Bought with:
Corey Stuart
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 21906214
Facts & features
Interior
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Connections Some
Features
- Basement: Cellar
Property
Parking
- Details: Unit Parking(On Street)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 sqft
Details
- Parcel number: 410814034008000009
- Zoning: MIXED USE
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Block, Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1985
Community & neighborhood
Location
- Region: Franklin
- Subdivision: No Subdivision
Other
Other facts
- Road surface type: Asphalt
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Estimated market value
$297,500