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  • $375,000

    122 N Washington St, Frankton, IN 46044

    2beds
    1baths
    --sqft
    : 
    Multi Family, Quadruplex
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    A unique opportunity awaits in this newly renovated mixed-use property, a turn key money-maker! The commercial space spans 2,404 sq ft on the main level, and the apartments on the 2nd level are nearly 2,500 sq ft total. The entire building has new HVAC, electrical, plumbing, windows, and roof! The 3 apartments upstairs all have 2 bedrooms and 1 bathroom, and have all new everything. They are all currently leased for another year, each bringing in $1,000 per month. Each unit has its own gas and electric meter, meaning tenants have full control over their climate and usage needs. The main level space provides a versatile blank canvas ready to be tailored for your business vision. With a solid foundation and recent construction, this space offers flexibility for a wide range of commercial uses, from retail to office space, or even a specialized venue, such as a vet clinic, restaurant, or fitness studio/gym. The bottom level as a commercial space could bring in up to $2,000 per month in rental income. Though currently zoned commercial, the space can be switched to residential, which allows further flexibility in how the space could be used, potentially creating a 4-plex. The building is on a full basement as well, which provides ample space for storage of supplies, inventory, and equipment you may have for your business. Whether you're a business owner looking for a fresh start or an investor seeking a flexible property, this is a rare find with endless potential!
    165 days
    on Zillow
    |
    190
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: November 17, 2024 at 02:38pm

    Listing Provided by:

    Patrick Keller patrick@CrestPointIndy.com,

    CrestPoint Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 22010109MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 122 N Washington St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Laundry, Connections All, Main Level
    Features
    • Basement: Full,Unfinished
    Video & virtual tour

    Property

    Parking
    • Parking features: None
    • Details: Unit Parking(Parking Lot, Paved Area)
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Downtown
    Lot
    • Size: 4,791.6 Square Feet
    • Features: City Lot, Corner Lot, Not In Subdivision, Sidewalks, Street Lights
    Details
    • Parcel number: 480531301018000028
    • Zoning: commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Multi Level,Other
    • Property subtype: Multi Family, Quadruplex
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding, Brick, Cement Siding
    • Foundation: Block
    • Roof: Rubber
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1900

    Community & HOA

    Community
    • Security: Smoke Alarm
    • Subdivision: No Subdivision
    Location
    • Region: Frankton

    Financial & listing details

    • Annual tax amount: $1,404
    • Date on market: 11/12/2024
    • Tenant pays: Electricity, Gas
    • Road surface type: Asphalt, Concrete
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