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Map

Directions

BROADWAY TO STOPHLET STREET, WEST ON STOPHLET. HOUSE WILL BE ON THE LEFT

Description

Beautiful two-story Victorian home currently being used as room rentals since 2012. Property is located one block from Electric Works. All current renters get along, have long standing stable incomes, and wish to remain. The current Property Manager has owned many other rooming houses and is interested in continuing to manage for the new owner and would be available to answer questions during showings. Current updates include: new mortar, primer, and Super Paint on the exterior brick, a remodeled porch area, and blown-in attic insulation. For ease of maintenance, there is plank flooring throughout the home. Plenty of off-street parking available. There is great income producing opportunity or it could be used as a single family home. Monthly building income of $2,163.92 a month after $729.41 in expenses taken out.

Details

  • Property Details

  • MLS #:
    202343520
  • Price
    $192,500
  • Bedrooms
    5
  • Baths Total
    2
  • Full Baths
    2
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.1
  • Approx. Lot Size SqFt
    4,356
  • Class
    Investment
  • DOM
    298
  • Lot Dimensions
    31x140
  • New Construction
    No
  • Parcel ID#
    02-12-10-287-003.000-074
  • Property Sub-Type
    Fiveplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Stophlets
  • Total Finished SqFt
    2,124
  • Total SqFt
    3,024
  • Year Built
    1900
  • Zip
    46802
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: December 21 2024, 8:02 AM

Listing courtesy of: David Budd, Tree City Realty

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. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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