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559 W WASHINGTON ST. Frankfort, IN 46041
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Key Details
Sold Price $218,000
Property Type Multi-Family
Sub Type Fiveplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,710 sqft
MLS Listing ID 202525419
Sold Date 08/01/25
Style Two Story
Bedrooms 5
Full Baths 5
Abv Grd Liv Area 2,710
Total Fin. Sqft 2710
Year Built 1890
Annual Tax Amount $1,400
Tax Year 2025
Lot Size 6,534 Sqft
Property Sub-Type Fiveplex
Property Description
5 UNIT INCOME PROPERTY - Unit #4 needs renovating and is not rentable in its present condition. All 4 tenants are multi-year tenants that have been paying $600./month and have all agreed to pay $700./month beginning August 1, 2025. Owner pays all utilities. Tenants own the air conditioners. New gas water heater in 2024. Expense figures in far right column of info sheet (Annual Exp Paid by Owner) are actual expenses for calendar year 2024. Income figures in the Additional Information column are proforma. 12x8 shed goes with this property. Owner does not know where the east or south property lines are.
Location
State IN
County Clinton County
Area Clinton County
Zoning B2
Direction SE corner of W. Washington St. and Doyal St.
Rooms
Family Room 700 x 700
Dining Room 0 x 700
Kitchen x 700
Interior
Flooring Carpet
Fireplaces Number 3
Appliance Building, Land
Laundry , 0
Exterior
Garage Spaces 1.0
Amenities Available Porch Covered, Water Heater Gas
Roof Type Shingle
Building
Lot Description Corner
Story 2
Structure Type Vinyl
New Construction No
Schools
Elementary Schools Blue Ridge / Green Meadows
Middle Schools Frankfort
High Schools Frankfort
School District Community Schools Of Frankfort
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IDX information provided by the Indiana Regional MLS
Bought with Alex Risse • Risse Realty