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1433 W Franklin Street, Elkhart, IN 46516

$250,000.00
  • 1433 W Franklin Street, Elkhart, IN 46516 Main Photo

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New to the Market Active
BEDS4 BATHS4 full 1 partial SQUARE FEET2,904 MLS#202606198
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLElkhart Community Schools

Property Description

Turnkey investment opportunity with built-in cash flow! This well-maintained fourplex offers three occupied units with reliable long-term tenants already in place who would like to stay, minimizing vacancy risk and providing immediate income stability. Unit A includes valuable basement access with newer mechanicals and offers additional storage and added tenant convenience. Unit B, located on the upper level, has been refreshed with newer flooring, windows, and paint. Unit C features an attached garage, a highly desirable amenity that increases rental value. Studio Apartment D has been recently painted, providing a move-in-ready space. A strong addition to any investment portfolio with immediate returns and excellent long-term potential.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Cooling: None
Days on Market: 6
Heating: Gas, Forced Air
Home Style: Fourplex
Lot Size: 0.18 Acres
Stories: 1.5
Year Built: 1910

Feature Descriptions

Above Grade Finished SQFT: 2904
Amenities: Detector-Carbon Monoxide, Detector-Smoke
Exterior: Vinyl
Lot: Level
Lot Dimensions: 58 x 132
Owner Pays: Building Insurance, Electric, Fuel, Sewer, Tax, Trash Collection, Water
Sale Inclusions: Building
Sewer: City
Total Finished SQFT: 2904
Units: 4
Water: City

Local Schools

High School: Elkhart
Middle School: West Side
Elementary School: Mary Daly
School District: Elkhart Community Schools

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Elkhart
Agency Phone: 574-293-1010
Agent Name: Heidi Gaskill

Shown By

Agency Title: Collins & Company Realtors®
Agency Phone:

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Estimated Payment

$ 1,122.25 per month $1,049.33 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.92 Homeowner's Insurance

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