!!Attention investors!! Here is the perfect opportunity to own a nice double in this little town! Centerton Indiana is awesome and the cash flow is "Chef's kiss" estimated at 18,000 annual income. Tenant pays gas and electric, each side metered separately, and no water or sewer bill because the home is on a well and has a septic system (newer well pump and seal). Unit facing the south has been recently remolded. There are 2 addresses, the other unit is 6115 Water St. boasting a new shower stall. Exterior landscaping is fresh and new. Taxes are low. Elementary school and playground right down the street. Combined rent is $1650 per month. That's all we know right now!
Sold
$160,000
1636 Franklin St, Martinsville, IN 46151
2beds
2baths
--sqft
Multi Family, Duplex
Built in 1950
-- sqft lot
$164,800 Zestimate®
$--/sqft
$1,097 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: February 26, 2025 at 03:32pm
Listing Provided by:
Beth Adams 317-281-6009,
Carpenter, REALTORS®
Bought with:
Sheila Short
Indiana Realty Pros, Inc.
Source: MIBOR as distributed by MLS GRID,MLS#: 21999390
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Main level bathrooms: 1
Cooling
- Has cooling: Yes
Appliances
- Laundry: No Laundry Facil.
Features
- Has basement: No
Property
Parking
- Details: Unit Parking(On Street, Paved Area)
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,969 sqft
- Features: Corner Lot
Details
- Parcel number: 550535362006000006
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1950
Community & neighborhood
Location
- Region: Martinsville
- Subdivision: Hadley Highlands
Other
Other facts
- Road surface type: Asphalt
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Estimated market value
$164,800