117 Franklin Pl - Apartments FOR SALE


South Bend, IN 46601- Downtown South Bend
$800,000 USD
312-316-8239
117 Franklin Pl, South Bend, IN for Sale
$800,000 USD
Apartments - FOR SALE
1/12
null | 8.03% Cap Rate

117 Franklin Pl
South Bend, IN 46601
Downtown South Bend


OVERVIEW

Fully occupied 8-unit building located in the heart of South Bend, Indiana. This well-maintained property features long-term tenants, strong rental history, and is situated in a beautiful, historic neighborhood. Truly a turnkey investment with steady cash flow—an excellent opportunity for investors looking for a proven moneymaker with upside potential.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$144 USD /SF

# OF UNITS

8

PRICE/UNIT

$100,000

CAP RATE

8.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Franklin Place Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

MU

APN/PARCEL ID

71-08-11-281-011.000-026

ASK ABOUT THIS PROPERTY

Tayser MohammedRE/MAX LegendsMore Info
312-316-8239

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Tayser MohammedRE/MAX LegendsMore Info
312-316-8239

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.