$165,000
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 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.
GPS Friendly
MLS # | 21997085 |
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Date Listed | 2024-08-19 |
Status | Active |
Property Type | Multi-Family/Apartments |
Property SubType | Duplex |
New Construction | No |
Type | Duplex |
Year Taxes Payable | 2023 |
Year Built | 1992 |
Days on Market | 126 |
Construction | Duplex |
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Lot Size | 23,522 sq ft |
Acreage | 0.54 Acres |
Fence | None |
Area | Owen |
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County | Owen |
Subdivision | Ahlemeyer Highland Lakeview |
Township | Jackson |
City | Poland |
State | IN |
Zip | 47868 |
School District | Cloverdale Community Schools |
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Elementary | Cloverdale Elementary School |
Middle School | Cloverdale Middle School |
High School | Cloverdale High School |
Assoc. Dues | $0.00 |
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MLS# 21997085
IDX information provided by the MIBOR REALTOR® Association.
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.
Listing Provided Courtesy of Beth Neeley
Down Home Real Est & Auction
bethyourrealtor@yahoo.com
Listing updated December 4, 2024 at 8:01 am
Last checked 7 minutes ago