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$600,000 (Pending)

1408 E Wabash Street Frankfort, IN  46041

Property Description
Rare Opportunity!! Investors, here is your opportunity to own a 22 unit hotel/motel as well as a 2 bedroom one bath house 1500 E Wabash St. (being sold together) in total over .6 acres on one of the busiest, if not the busiest road in Clinton County. The hotel offers several units that have been completely remodeled and some that still need some work, each unit is a one bedroom one bath and some have a small kitchenette. 2 units offer a small dining area as well. These can be rented out any number of ways including daily, weekly or monthly. The 2 bedroom house has been completely remodeled on the inside and is in very nice shape inside. Way too many amenties to list so come by and check this out before this opportunity is missed!
Address:1408 E Wabash Street Frankfort IN 46041
Status:Pending
on site: 52 days
Price:$600,000
Bathrooms:0
Year Built:1959
Lot Size:0.53
County: Clinton County
Township: Center
MLS #:202249440
Property Type:Hotel & Motel

Lot Dimensions:23807 sq ft
Directions:Heading East on St Rd 28 make jog on E Wabash, Motel is on the Left side of the road.
Basement:No
Loan Price
$5,146
Price And Interest $3,130/month
Property Tax $1,766/month
MTG INS $0/month
HOME INS $250/month
Price
$600,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,766/month
Home Owner Insurance
$3,000 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
3rd Bedroom 23 x 6742 Info Not Available
Den 1 x 6742 Info Not Available
Annual Property Tax:$10,594
Tax Year:2022
Mandatory HOA Fee:$
Subdivision: None
Zip Code:46041
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Scott Irons with Snyder Strategy Realty, Inc

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.