559 Catterlin Street, Frankfort, IN 46041

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Pending

$399,900

bedrooms

bathrooms

square feet

3,088

Acreage

0.23

Open Houses

year built

1900

Full Baths

Half Baths

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Whether you are a seasoned investor, or just starting out, this 4-plex is ready for you. This home features 4-1 bedroom/1bath efficiency apartments that have been completely remodeled from head to toe. Imagine starting your investment journey with a multi-family property that needs the minimum in savings for those dreaded capital expenditures. Starting from the top; New roof, soffits, gutters and windows. Each apartment has been drywalled and painted. They have been made to withstand wear and tear with water proof flooring. Each bathroom has new vanities, toilets and shower surrounds. Each kitchen has new cabinets, countertops and appliances. Underneath you will find new electrical and plumbing. New HVAC systems and water heaters. Each tenant will have access to your private laundry room located at the back of the home. Included are two sets of coin-operated washer and dryers. Each apartment is metered separately as well! There is plenty of off street parking and a large shed that could be rented out for storage. 3 units remain empty as this property was just finished. Unit 2 is currently leased. This property is a must see!

Location
Subdivision	None
County	Clinton County
Elementary School	Suncrest
Middle School	Frankfort
High School	Frankfort

Driving directions

Open houses

None scheduled.

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MLS number: 202506621

Listing agent: John Townsend #RB18001755

Listing broker: Trueblood Real Estate (765) 838-1998

Copyright © 2025 Lafayette Regional Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Saturday, April 12 2025 at 4:12 p.m. EDT

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