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Listed by Lindsey Clark • Barberry Realty
$ 425,000
Est. payment | /mo
0.5 Acres Lot
$ 425,000
Est. payment | /mo
0.5 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Subdivision Not Available See Legal
MLS Listing ID 21997971
Year Built 1946
Tax Year 2024
Lot Size 0.500 Acres
Acres 0.5
Property Description
Discover an excellent investment opportunity with so much potential! This three-unit investment property is situated on a spacious 0.5-acre lot, offering so many value-adding possibilities. Each unit is currently occupied by long-term tenants, ensuring a steady and reliable income stream. While this property is currently leased as 3 units, a 4th rental income could easily be added just by installing a door. Recent updates include a 75' section of sewer line, new sump pump (unit 419), new upstairs flooring insulation, windows and back door (unit 421). Located less than 10 minutes from the I-69 interchange and 15 minutes from IU's campus, this location is convenient, while providing a quiet, picturesque setting.
Location
State IN
County Monroe
Zoning R-1
Interior
Heating Electric
Cooling Central Electric
Fireplace N
Building
Story One
New Construction false
Schools
School District Richland-Bean Blossom C S C
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