www.housesinfortwayne.com/homes/159362473
1101-1103
E
Clinton Street
Frankfort,
IN
46041
Elementary School:
Blue Ridge / Green Meadows
School District:
Community Schools Of Frankfort
Don't miss out on this fantastic investment opportunity! This fully rented property boasts five units, bringing in a total of $4210 per month in rent. The entire house has been beautifully remodeled, featuring new siding, windows, furnace, and water heater making it a low maintenance investment. With ample parking spaces for all tenants, this property is sure to impress both investors and renters alike. Rents have the protentional to go up as they are below market.
Exterior
Vinyl
Location
City/Town/Suburb
Lot Description
Slope
Lot Dimensions
66x132
Outbuilding
None
Parking
GravelOff StreetStreet
Parking Spaces
6
Pool YN
No
Roof Material
Shingle
Style
Other
Waterfront YN
No
Above Grade Bedrooms
8
Above Grade Finished Sqft
3428
Above Grade Unfin Sq Ft
0
Amenities
BasementPatio Covered
Basement Foundation
CrawlPartial Basement
Basement Material
Block
Basement YN
Yes
Below Grade Baths
0
Below Grade Bedrooms
0
Below Grade Finished Sqft
0
Below Grade Unfin Sq Ft
538
Cooling
Window
Dishwashers
0
Disposals
0
Dryers
2
Flooring
CarpetVinyl
Heating Fuel
GasForced Air
Microwaves
5
Ranges Ovens
5
Refrigerators
5
Rooms Below Grade
0
Total Baths
5
Total Below Grade Sqft
538
Total Sq Ft
3966
Unit1 Basement YN
No
Unit1 Bathrooms
1
Unit1 Bedrooms
2
Unit2 Basement YN
No
Unit2 Bathrooms
1
Unit2 Bedrooms
2
Unit3 Basement YN
No
Unit3 Bathrooms
1
Unit3 Bedrooms
2
Unit4 Basement YN
No
Unit4 Bedrooms
1
Unit5 Basement YN
No
Unit5 Bedrooms
1
Wash Dry Hookups
2
Washers
2
Annual Electric Expense
3240
Annual Fuel Expense
1320
Annual Gross Rent
50520
Annual Insurance Expense
1440
Annual Maint Expense
0
Annual Misc
0
Annual Net Income
38363
Annual Property Tax
4057
Annual Trash Expense
900
Annual Water Sewer Exp
1200
Assoc Dues Frequency
Not Applicable
Auction Y / N
No
Buildings
2
Efficiencies
0
Electric Meters
1
For Sale Or Rent
For Sale
Four Bedrooms
0
Gas Meters
1
Gross Monthly Income
4210
Gross Monthly Rent
4210
Lease Term
Month to Month1 Year
New Construction
No
One Bedrooms
2
Owner Pays
ElectricHeatingTrash CollectionWater
Owner Real Estate License YN
No
Pet Restrictions YN
Yes
Planned Unit Dev YN
No
Property Sub Type
Fiveplex
Proposed Financing
CashConventional
Reo YN
No
Sale Includes
BuildingLease
Sewer
City
Tenant Pays
Cable
Three Bedrooms
0
Township
Center
Two Bedrooms
3
Unit1 Unit Rent
900
Unit1- Currently Rntd Y / N
Yes
Unit1- Garage Y / N
No
Unit2 Unit Rent
850
Unit2- Currently Rntd Y / N
Yes
Unit2- Garage Y / N
No
Unit3 Unit Rent
850
Unit3- Currently Rntd Y / N
Yes
Unit4 Unit Rent
830
Unit4- Currently Rntd Y / N
Yes
Unit5 Unit Rent
780
Unit5- Currently Rntd Y / N
Yes
Units Rented
5
Water Meters
1
Water Utility
City
Year Taxes Payable
2024
Listing provided by Courtney Lendman of C&C Home Realty: Agt: 765-532-7014.
© 2025 Indiana Regional MLS All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from IRMLS.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.
© 2025 Indiana Regional MLS All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from IRMLS.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-01-15T10:28:53.353.
