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Description

Seeking a reliable investment opportunity with immediate returns? This triplex positioned near the exciting Electric Works development offers exactly that. Featuring one efficiency unit, one 1-bedroom unit, and a spacious 2-bedroom unit, this property caters to a variety of renters, maximizing your potential income. Two units are already occupied, generating cash flow from the moment you close. Plus, all units utilize a Ratio Utility Billing System (RUBS), placing utility responsibility on tenants for additional income potential. To ensure year-round comfort for your tenants and potentially higher rental rates, mini-split AC units have been installed in each unit. Don’t miss this chance to own a piece of a thriving location with a property poised for long-term success!

Details

  • Property Details

  • MLS #:
    202425829
  • Price
    $164,900
  • Bedrooms
    4
  • Baths Total
    3
  • Full Baths
    3
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.14
  • Approx. Lot Size SqFt
    6,200
  • Class
    Investment
  • DOM
    6
  • Lot Dimensions
    40X155
  • New Construction
    No
  • Parcel ID#
    02-12-11-359-012.000-074
  • Property Sub-Type
    Triplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Wayne(s)
  • Total Finished SqFt
    1,818
  • Total SqFt
    2,717
  • Year Built
    1956
  • Zip
    46807-1190
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

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

Last updated: July 26 2024, 7:43 PM

Listing courtesy of: Jordan Wildman, eXp Realty, LLC

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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