929 Franklin Street
Property Description
This historic 5-unit multifamily property (5-plex) offers a strong income-producing opportunity for both new and experienced investors. The property features a mix of units, each with functional layouts, separate utilities, and consistent rental demand. Each unit includes comfortable living areas, bedrooms, and practical kitchen spaces, making it attractive to long-term tenants. The building has been maintained with attention to key systems, helping reduce immediate capital expenditures. Situated in a desirable downtown location with convenient access to shopping, dining, schools, and major roadways. The location and rental growth potential makes this a desirable property to add to your portfolio!
Broker Details
Re/Max Professionals (812) 522-8448
MLS ID: 37438 State License Number: RB14010813
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $399,900 |
| No. of Units: | 5 |
| Year Built: | 1890 |
| Opportunity Zone: | No |
| Price per unit: | $79,980 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MIBORIN-22095668
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
835 Driftwood Drive
St. Cloud, Minnesota
108-114 3rd St & 507-513 W Huron St
Ann Arbor, Michigan
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout