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603 E Franklin,  Spencer IN, 47460 (Residential Income)

4 beds , 2 Full baths
Status: Contingent
MLS#: 202041908
1of
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Last Updated: 10/25/2020 12:23 AM
Description for 603 E Franklin Spencer, IN 47460
This property offers a remarkable opportunity to live in one unit while paying the mortgage with the income from the second unit. The main level is leased through October 2021. The upstairs unit is not currently leased. The property can also be easily returned to a single family home. Spacious, with beautiful hardwood throughout the entire property, the upkeep is minimal- no painting needed between tenants! Each unit has two generous bedrooms, a family room, a kitchen and a full bath. The main level unit also has a full basement. There is an attached two car garage, shared by each unit. This unique property is located near downtown Spencer and is a rare find. The upstairs unit is easy to show- contact the listing agent for access to the main level unit.
Price
$150,000
None
Owen County
4
2 Full
202041908
Contingent
Description
This property offers a remarkable opportunity to live in one unit while paying the mortgage with the income from the second unit. The main level is leased through October 2021. The upstairs unit is not currently leased. The property can also be easily returned to a single family home. Spacious, with beautiful hardwood throughout the entire property, the upkeep is minimal- no painting needed between tenants! Each unit has two generous bedrooms, a family room, a kitchen and a full bath. The main level unit also has a full basement. There is an attached two car garage, shared by each unit. This unique property is located near downtown Spencer and is a rare find. The upstairs unit is easy to show- contact the listing agent for access to the main level unit.
Listing Information
Property Type: Duplex, 2 Story, Salt Box
4 2 Full
1949
Washington//
None
2 Total
Neighborhood
School Information
District: Spencer-Owen Community Schools
SPENCER OWEN VALLEY OWEN VALLEY
Room Information
Bathrooms
2
Interior Features
Wood
Central Air
Gas Heat
2
Block, Full
Basement
City
Exterior / Lot Features
Yes
4 Parking Spaces, Basement, Garage, Gravel, Off Street
Asphalt
Private Sewer System
60 X 136
0.19 Acres
Corner
Driving Directions
East Morgan/State Road 46, South on Central, property is on the corner of Central & Franklin St
Financial Considerations
60-10-21-300-400.16>
$1,430
Listing Price History
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Spencer Real Estate

Spencer is located in Indiana. Spencer, Indiana 47460 has a population of 2,332.

The median household income in Spencer, Indiana 47460 is $40,563. The median household income for the surrounding county is $39,806 compared to the national median of $50,013. The median age of people living in Spencer 47460 is 44 years.

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Courtesy: Michelle Papp - RE/MAX Acclaimed Properties
This content last refreshed on 10/25/2020 12:23 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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