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510 E Franklin Street Spencer, IN $ 295,000
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$ 295,000 Get more info
510 E Franklin Street
$ 295,000
Back to search
Share Save

510 E Franklin Street

Spencer, IN, 47460
$ 295,000
Bedrooms4 Baths1.0 Sq 1,020

Monthly Estimate*

$ 2,061

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Multi-Family Home for sale in Spencer, IN

for $295,000 with 4 bedrooms and 1 full bath. This 1,020 square foot home was built in 1950.

A great investment opportunity conveniently located in Spencer. This property includes a 2 bedroom, 1- bath house. A rented 1-bedroom trailer and 3 rented trailer lots. 5 potential rental incomes on one piece of property. The house has been completely remodeled. New carpet, new vinyl windows, new baseboard heaters, new vinyl floor, new stool, new vanity, and freshly painted inside and out just to name a few.

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Multi-Family Active

Price

$ 295,000

Bedrooms

4

Full Bath

1

Property Type

Multi-Family

Taxes

$ 420

Style

Bungalow

Year Built

1950

Town/City

Spencer

County/Region

Owen

MLS | Web ID

202407890
Features
General
Heating Baseboard
Cooling None
Water Access Type None
Sewer City
Pool Y/N No
# of Buildings 2
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1950
Parking Off Street Private
New Construction No
Tenant Pays Electric Fuel
Subdivision None
Style Other
Stories 1
Township Washington
Class INVESTMENT
Type Other
Age 74
Net Income 15887
Rent Income 24960
Features Ceiling Fan Off Street Parking Attic Pull Down Stairs Countertops-Laminate Porch Enclosed Water Heater Electric
REO No
Common Amenities None
Area Owen County
Location City/Town/Suburb
High School Owen Valley
City Spencer
School District Spencer-Owen Community Schools
Architctural Style Bungalow
Total Sq Ft 1020
Street Name Franklin
Elementary School Spencer
Middle School Owen Valley
Legal Description SW SW S21 T10 R3 .84A
Virtual Tour https://youtu.be/yRrK8fGUJgo?si=N-bZPX1t6VAE2oMG
Agent First Name Rob
Agent Last Name Ranard
DOM 45
Tax Year 2023
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Interior
Basement Crawl
Flooring Carpet Vinyl Tile Vinyl
Beds 2
Total Number of Units 5
Microwaves 0
Refrigerators 0
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 2
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 0
W/D Hookups 1
Basement Material Block
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Exterior
Exterior Aluminum
Driveway Gravel
Number of Parking Spaces 10
Waterfront None
Lot Size Area 36590
Lot Dimensions Irregular
Lot Description Irregular
Fence None
Water Meters 1
Electric Meters 5
Outbuilding None
Water Features None
Gas Meters 3
Waterfront Y/N No
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* Excluded Features
List By
Rob Ranard

Listing Agent

Home Team Properties

Broker

rranard@homefinder.org

Email

Affordability Calculator

$2,096
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,061
Monthly Property Taxes
$35
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1236904 Elementary School
1236321 Middle School
Owen Valley High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/11/2024$295,000 Listed Price

Map

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510 E Franklin Street, Spencer, IN, 47460 is a Multi-Family Home for sale at $295,000 with 1,020 sqft. 510 E Franklin Street has 4 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 47460 which is in Spencer, IN

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