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Map

Directions

From W. Jefferson, go south on Fairfield to W. Williams Street, then turn left. The property will be on your right.

Description

This triplex, less than a mile from Electric Works, has had two of its three units extensively remodeled in recent years. Currently, it’s fully furnished in the front downstairs and front upstairs units, and has been rented for short term rentals. The back two-story unit has not been touched, but has a long-term renter in it, who has lived there since the previous owner had it. If someone is interested in it, the owner would consider selling the furniture in the front two units, as well. Some months, they have gotten over $2,000 per month in each of those two units, for short term rentals. They feel they could get $1,000 or more per month for long term renting. The back unit is paying $600 a month, which the owner feels is below market rent, and could possibly get $1,000 or more a month for it too, after rehab. There is also a large garage at the back of the property.

Details

  • Property Details

  • MLS #:
    202421130
  • Price
    $265,000
  • Bedrooms
    4
  • Baths Total
    3
  • Full Baths
    3
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.17
  • Approx. Lot Size SqFt
    7,500
  • Class
    Investment
  • DOM
    3
  • Lot Dimensions
    50' by 150'
  • New Construction
    No
  • Parcel ID#
    02-12-11-332-010.000-074
  • Property Sub-Type
    Triplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Hoagland & Williams
  • Total Finished SqFt
    2,591
  • Total SqFt
    3,251
  • Year Built
    1910
  • Zip
    46802

  • Interior Features

  • Below Grade Finished SqFt
    0

  • Other Features

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

Last updated: July 26 2024, 11:04 PM

Listing courtesy of: Andy Zoda, Coldwell Banker Real Estate Group

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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