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201 W Palmer Street

Frankfort, IN 46041
  • $575,000
  • STATUS: Sold
  • ON SITE: 255 Days
  • MLS #: 202333599
Sold - 10/02/2023
$575,000
SOLD - 10/02/2023
  • 16
    BEDS
  • 0.3
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 6,780
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1976
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Erin Walker of BerkshireHathaway HS IN Realty: Agt: 765-242-4814.

Description

This meticulously maintained, all brick apartment complex represents a prime investment opportunity in the thriving real estate market of Frankfort, Indiana. With a convenient location, income- producing potential, and a majority of units recently remodeled, this property offers a solid foundation for long-term returns. Don't miss the chance to secure your position in this lucrative market. Contact us today for more information and to schedule a showing.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2024-05-28T19:28:29.857.

www.romanskigroup.com/homes/143425325
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201 W Palmer Street Frankfort, IN 46041

  • Price: $585,000
  • Status: Sold
  • On Site: 255 Days
  • Updated: 147 min ago
  • MLS #: 202333599
16
Beds
8
Baths
0
½ Baths
0.3
Acres
6,780
SQFT
$0
$/SQFT
1976
Built
Neighborhood:
None
County:
Clinton
Area:
Clinton
Elementary School:
Suncrest
Middle School:
Frankfort
High School:
Frankfort
School District:
Community Schools Of Frankfort
Property Description
This meticulously maintained, all brick apartment complex represents a prime investment opportunity in the thriving real estate market of Frankfort, Indiana. With a convenient location, income- producing potential, and a majority of units recently remodeled, this property offers a solid foundation for long-term returns. Don't miss the chance to secure your position in this lucrative market. Contact us today for more information and to schedule a showing.
Exterior Features

Driveway Gravel Exterior Brick Location City/Town/Suburb Lot Description 0-2.9999 Lot Dimensions 66 X 200 Outbuilding Shed Outbuilding Sq Ft 160 Parking Off StreetStreet Parking Spaces 8 Pool YN No Roof Material Metal Style Two Story Unit1 Garage Type None Unit2 Garage Type None Unit3 Garage Type None Unit4 Garage Type None Unit5 Garage Type None Unit6 Garage Type None Waterfront YN No

Interior Features

Above Grade Bedrooms 16 Above Grade Finished Sqft 6780 Above Grade Unfin Sq Ft 0 Amenities Off Street ParkingCable ReadyCountertops-LaminateLandscapedWater Heater Gas Basement Foundation Crawl Basement Material Block Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetVinyl Heating Fuel Gas Main Level Sq Ft 3390 Microwaves 0 Ranges Ovens 8 Refrigerators 8 Rooms Below Grade 0 Total Baths 8 Total Below Grade Sqft 0 Total Sq Ft 6780 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit1 Sq Ft 847 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 847 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 847 Unit4 Basement YN No Unit4 Bedrooms 2 Unit4 Sq Ft 847 Unit5 Basement YN No Unit5 Bedrooms 2 Unit5 Sq Ft 847 Unit6 Basement YN No Unit6 Bathrooms 1 Unit6 Bedrooms 2 Unit6 Sq Ft 847 Upper Level Sq Ft 3390 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 55201.03 Annual Insurance Expense 3513.34 Annual Maint Expense 6551.5 Annual Misc 4900 Annual Net Income 32356.33 Annual Property Tax 3179.32 Annual Trash Expense 1029.2 Annual Water Sewer Exp 3671.34 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 1 Cable Company Comcast Documents Available Income/ExpensesLBP Form Efficiencies 0 Electric Meters 8 For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Centerpoint Energy Gas Meters 8 Gross Monthly Income 4600 Gross Monthly Rent 4600 Lease Term Month To Month1 Year New Construction No One Bedrooms 0 Owner Pays Building InsuranceLawn MaintenanceMaintenanceSewerSnow RemovalTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Apartment Building Reo YN No Sale Includes Building Sewer City Tenant Pays CableElectricFuel Three Bedrooms 0 Township Center Two Bedrooms 8 Unit1 Unit Rent 650 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 610 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Unit3 Unit Rent 650 Unit3- Currently Rntd Y / N Yes Unit3- Garage Y / N No Unit4 Unit Rent 605 Unit4- Currently Rntd Y / N Yes Unit4- Garage Y / N No Unit5 Unit Rent 655 Unit5- Currently Rntd Y / N Yes Unit5- Garage Y / N No Unit6 Unit Rent 510 Unit6- Currently Rntd Y / N Yes Unit6- Garage Y / N No Units Rented 8 Water Meters 1 Water Utility City Year Taxes Payable 2024

Listing provided by Erin Walker of BerkshireHathaway HS IN Realty: Agt: 765-242-4814.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2024-05-28T19:28:29.857.

 
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The Romanski Group - Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Erin Walker of BerkshireHathaway HS IN Realty: Agt: 765-242-4814.