beds

baths

5,180

square ft

50 - 52 W Clinton Street

Frankfort, Indiana 46041

Closed / MLS #202422193 / Condo / Frankfort

Listing information updated 7/8/2024 at 2:43pm

Discover a fantastic investment opportunity in the heart of downtown Frankfort! This property features both residential and retail spaces, offering versatile income potential. Currently, there are 3 apartments with the potential to add a 4th apartment by converting the common laundry area. Ideal for long-term rentals or short-term accommodations. The lower level storefront is currently used as a single conjoined business but can be easily divided into 2 separate commercial spaces, perfect for retail, office, or service-based businesses. Situated in bustling downtown Frankfort, this property benefits from high foot traffic, excellent visibility, and convenient access to local amenities, shops, and restaurants. The flexible floor plan allows for maximizing rental income and significant value appreciation. Don't miss out on this unique opportunity to own a versatile investment property in a thriving location. Whether you're looking to expand your real estate portfolio or start a new business venture, this property offers endless possibilities.

Full Features

Exterior Type:

Brick,Masonry

Basement:

Slab

Beds Above Grade:

Cooling System:

Central Air, Window

Heating System:

Electricity, Gas, Baseboard, Forced Air

Appliances:

Building

Main Level Primary Bedroom:

Pool:

Age:

124 Years

Roof Type:

Flat,Rubber

Parking Type:

Street

Parking Spaces:

Water Front:

Water Features:

None

Square Feet:

5,180

Lot Size:

0.12

Acreage:

0.12

Common Area Amenities:

Laundry Facilities

Internal Features:

Storage, Ceiling-9+

Room Information

Kitchen:

600 x 135

4th Bedroom:

2 x 2

Other:

1 x 3

Taxes & Assessments

Tax Amount:

$2,144

Tax Year:

2024

Location

Zip Code:

46041

City:

Frankfort

County:

Clinton County

Schools

School District(s):

Community Schools of Frankfort

Elementary School:

Suncrest

Middle School:

Frankfort

High School:

Frankfort

Exterior Type:

Brick,Masonry

Basement:

Slab

Beds Above Grade:

Cooling System:

Central Air, Window

Heating System:

Electricity, Gas, Baseboard, Forced Air

Appliances:

Building

Main Level Primary Bedroom:

Pool:

Age:

124 Years

Roof Type:

Flat,Rubber

Parking Type:

Street

Parking Spaces:

Water Front:

Water Features:

None

Square Feet:

5,180

Lot Size:

0.12

Acreage:

0.12

Common Area Amenities:

Laundry Facilities

Internal Features:

Storage, Ceiling-9+

Kitchen:

600 x 135

4th Bedroom:

2 x 2

Other:

1 x 3

Tax Amount:

$2,144

Tax Year:

2024

Zip Code:

46041

City:

Frankfort

County:

Clinton County

School District(s):

Community Schools of Frankfort

Elementary School:

Suncrest

Middle School:

Frankfort

High School:

Frankfort

Listing Agent: Jazah J Jones

Listing Office: BerkshireHathaway HS IN Realty

Contact Information - Agt: 765-670-9065

Disclaimer: IDX information provided by the Indiana Regional MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.