$270,000
$299,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
1316 Franklin ST Michigan City, IN 46360
6 Beds
4 Baths
4,655 SqFt
Key Details
Sold Price $270,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,655 sqft
Price per Sqft $58
Subdivision Land Companys Add
MLS Listing ID 815628
Sold Date 07/31/25
Bedrooms 6
Full Baths 4
Year Built 1873
Annual Tax Amount $3,708
Tax Year 2023
Lot Size 4,656 Sqft
Acres 0.1069
Lot Dimensions 49X95
Property Sub-Type Quadruplex
Property Description
This well maintained 2-story, 4-unit investment property on Franklin Street is currently Fully occupied with the average tenant length of 4+ years. Situated on a corner lot, the building offers individual entrances for each tenant and ample street parking. The upper units feature private patios, while the lower rear unit boasts an enclosed porch. With new construction just one block away, this well-located property has significant income potential. Don't miss out on this property. Sold AS IS.
Location
State IN
County La Porte
Interior
Interior Features Other
Heating Central
Fireplace N
Appliance Other
Exterior
Exterior Feature Balcony
View Y/N true
View true
Building
Lot Description Corner Lot
Story Bi-Level
Others
Tax ID 460132227002000022
SqFt Source Assessor
Acceptable Financing NRA20250131181607600744000000
Listing Terms NRA20250131181607600744000000
Financing Conventional
Pets Allowed No
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Bought with Listing Leaders
