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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
Baths0.0

Monthly Estimate*

$ 1,961

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Studio

Multi-Family Home for sale in Spencer, IN

for $295,000. This home was built in 1950 on a lot size of 0.84.

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 toilet, new vanity, and freshly painted inside and out just to name a few.

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Multi-Family Active

Price

$ 295,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,568

Style

Bungalow

Lot Size

0.84

Year Built

1950

Town/City

Spencer

County/Region

Owen

MLS | Web ID

21968121
Features
General
Heating Baseboard
Cooling None
Possession Closing
Roof Asphalt
Zoning Residential
Garage Spaces 0
Architectural Style Bungalow
Construction Materials Aluminum Siding
Year Built 1950
Township Washington
Levels One
Property SubType Duplex
Tax Year 2023
Current Use Residential See Remarks
County Owen
Net Operating Income 15887
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
High School Owen Valley Community High School
City Spencer
Buyer Agent Compensation 2.5
High School District Spencer-Owen Community Schools
Total Units 5
MLS Area 6010 - Owen - Washington
Lot Size Square Feet 36590
Waterfront Y/N N
Carport Spaces 0
Street Name Franklin
Elementary School Spencer Elementary School
Property Attached Y/N N
Middle/Junior High School Owen Valley Middle School
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Virtual Tour https://youtu.be/yRrK8fGUJgo?si=N-bZPX1t6VAE2oMG
Days on Market 8
Structure Type FreeStand
Standard Status Active
Tax Lot 601021300400335028
Buyer Agent Compensation Type %
Legal Description SW SW S21 T10 R3 .84A
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Exterior
Fencing Partial
Parking Features Gravel
Lot Features Irregular Lot Not In Subdivision
Foundation Details Crawl Space
Lot Size Acres 0.84
Road Surface Type Asphalt
Road Frontage Type City Street
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Interior
Basement (Y/N) N
Street Suffix Street
Laundry Features Connections Some
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* Excluded Features
List By
Home Team Properties

Broker

rranard@homefinder.org

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Affordability Calculator

$2,175
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,961
Monthly Property Taxes
$214
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
4046413 Elementary School
4046639 Middle School
Owen Valley Community High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/12/2024$295,000 Listed Price

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510 E Franklin Street, Spencer, IN, 47460 is a Multi-Family Home for sale at $295,000 with a lot size of 0.84. 510 E Franklin Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 47460 which is in Spencer, IN

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