Michigan City, IN 46360 1316 Franklin Street

Pending
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Presented By: Kiyah Marshall with Property Boss - (219) 801-6123;
  • MLS# 815628
  • 02/02/2025
  • Get pre-approved
  • Request Tour
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  • Beds • 6
  • Baths • 4

Home Details

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.
Presented By: Kiyah Marshall with Property Boss - (219) 801-6123;

Interior Features for 1316 Franklin Street

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area2454
Fireplace Y/NNo
Interior AmenitiesOther

Other Rooms

General for 1316 Franklin Street

AppliancesOther
CityMichigan City
Community FeaturesOther
CountyLa Porte
DirectionsHead East on Ridge Road, left onto Bur St., merge onto 80, and continue North to Michigan City. Take Exit 34B onto Franklin St., Make a right onto Williams, property on your left.
Full Baths4
Garage Y/NNo
HeatingCentral
Legal Description42-01-32-227-002 LAND CO S 1/2 LTS 1 & 4 BLK 102.
LevelsBi-Level
Listing TermsCash, VA Loan, Conventional
Lot Size Square Feet4655
New ConstructionNo
OwnerPaysSewer, Water, Trash Collection
Pets AllowedNo
Property SubtypeQuadruplex
Property TypeResidential Income
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameLand Companys Add
Tax Annual Amount3708
Tax Assessed Value185400
Tax Year2023
Total Rooms16
TownshipMichigan
ViewNeighborhood
Year Built1873

Exterior for 1316 Franklin Street

Lot Dimensions49X95
Lot FeaturesCorner Lot
Lot Size Acres0.1069
Lot Size SourceAssessor
Parking FeaturesOn Street
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Mark Plesha

Price $299,000
MLS#815628
List Date 02/02/2025
Property Type Pending
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