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Listed by Beth Neeley • Down Home Real Est & Auction
$ 165,000
Est. payment | /mo
0.83 Acres Lot
$ 165,000
Est. payment | /mo
0.83 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Ahlemeyer Highland Lakeview
MLS Listing ID 21997095
Year Built 1991
Tax Year 2023
Lot Size 0.830 Acres
Acres 0.83
Property Description
Income Opportunity near Cataract Lake. Many possibilities but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4-bedroom 2 bath home and bought with a low-down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental could be available if there is an opening in a short distance the state boat dock ramp for Cataract Lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant.
Location
State IN
County Owen
Interior
Fireplace N
Building
Story One
New Construction false
Schools
Elementary Schools Cloverdale Elementary School
Middle Schools Cloverdale Middle School
High Schools Cloverdale High School
School District Cloverdale Community Schools
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