Veterans United Realty
33 Photos

150 Hurricane Street, Franklin, IN 46131

$232,000 Asking Price

5 beds
3 baths
2,156  sqft
Built in 1876

Investor's Dream in Franklin, IN - Two Units, Endless Potential! Welcome to a rare opportunity just minutes from Franklin College and steps away from vibrant Downtown Franklin! This unique property offers a spacious 1,706 sq. ft. main unit paired with a 450 sq. ft. rental studio, perfect for investors or savvy buyers looking for dual-income potential. The main unit features a generous layout ready for your personal touch. With a little remodeling, you can unlock its full value and maximize returns. The studio unit is in great condition and currently rented at $750/month, providing immediate cash flow. Recent updates include a new roof, ensuring peace of mind for years to come. Both units offer separate entrances, making this property ideal for tenants, owner-occupants, or a combination of both. Highlights: Dual-unit property: Live in one, rent the other, or rent both! Prime location: Minutes from Franklin College, I-65, and walking distance to shops, restaurants, and entertainment in Downtown Franklin. Investor-ready: Rental income from the studio, with the potential for the main unit to deliver even more. Motivated seller: Act fast for this unbeatable value in a high-demand area! Priced under-market, this property is a steal compared to similar homes in the area. Whether you're an investor or looking for a home with income potential, this is your chance to secure a Franklin gem. Don't miss out-schedule your showing today!

Listing Status:
Active
Date Added:
August 16, 2024 — 152 days ago
Listing Office:
Resolute Realty, Dana Rivers (317-909-6753)
Office Phone:
drivers@resolute-rd.com
MLS ID:
21996517

Features & Amenities

Interior

General:
Hardwood Floors
Appliances:
Electric Cooktop, Gas Water Heater, Oven, Refrigerator
Laundry:
Common Laundry
A/C:
Central Electric
Heating:
Forced Air
Fireplace:
Fireplaces: 0

Exterior

General:
Not Applicable
Style:
Craftsman
Other Structures:
Covered Porch, Porch Open
Parking:
Alley Access

Construction

General:
Two, Brick

Location

Originating MLS:
mibor
School District:
Franklin Community School Corp
County:
Johnson

Lot

Zoning:
Hamilton Add #6 Pt Lot 28 Mp Franklin Communi, 410814044029000009

Utilities

Utilities:
Cable Available, Electricity Connected, Gas, Sewer Connected, Water Connected, 100 Amp Service
Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Resolute Realty, Dana Rivers

About Franklin, IN

Housing

Number of Units
14,948
Median Home Value
$182,264
Median Rent
$834

27.09% of housing units are renter occupied.

5.95% are vacant.

Commute

Car
77.87%
Public Transportation
0.47%
Walk to Work
1.40%
Work from Home
19.81%
Other
0.21%

The median travel time to work is 23 minutes.

People

Population
37,482
Median Age
38.10
Median Household Size
2.83

Education

High School
36.06%
Associate’s Degree
9.19%
Bachelor’s Degree
17.66%
Graduate Degree
8.14%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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