Michigan City, IN 46360,1316 Franklin ST
Michigan City, IN 46360,1316 Franklin ST
Michigan City, IN 46360,1316 Franklin ST
12
$270,000
$299,000
9.7%
Est.Price: ?

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6 BD
4 BA
4,655 SqFt

1316 Franklin ST Michigan City, IN 46360

Est. payment /mo
SOLD DATE : 07/31/2025

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Key Details

Sold Price $270,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,655 sqft

Price per Sqft $58

Subdivision Land Companys Add

MLS Listing ID 815628

Sold Date 07/31/25

Bedrooms 6

Full Baths 4

Year Built 1873

Annual Tax Amount $3,708

Tax Year 2023

Lot Size 4,656 Sqft

Acres 0.1069

Lot Dimensions 49X95

Property Sub-Type Quadruplex

Property Description

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.

Location

State IN

County La Porte

Interior

Interior Features Other

Heating Central

Fireplace N

Appliance Other

Exterior

Exterior Feature Balcony

View Y/N true

View true

Building

Lot Description Corner Lot

Story Bi-Level

Others

Tax ID 460132227002000022

SqFt Source Assessor

Acceptable Financing NRA20250131181607600744000000

Listing Terms NRA20250131181607600744000000

Financing Conventional

Pets Allowed No

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Listed by Property Boss • Kiyah Marshall
Bought with Listing Leaders

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Maurice Cornett

Maurice Cornett

Broker Associate | License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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