$425,000
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.
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MLS # | 21997971 |
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Date Listed | 2024-08-22 |
Status | Active |
Property Type | Multi-Family/Apartments |
Property SubType | Triplex |
New Construction | No |
Type | Triplex |
Year Taxes Payable | 2024 |
Year Built | 1946 |
Days on Market | 124 |
Zoning | R-1 |
Cooling | Central Electric |
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Heating | Electric |
Construction | Triplex |
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Lot Size | 21,780 sq ft |
Acreage | 0.50 Acres |
Fence | None |
Area | Monroe |
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County | Monroe |
Subdivision | Subdivision Not Available See Legal |
Township | Richland |
City | Ellettsville |
State | IN |
Zip | 47429 |
School District | Richland-Bean Blossom C S C |
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Assoc. Dues | $0.00 |
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MLS# 21997971
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Listing Provided Courtesy of Lindsey Clark
Barberry Realty
lindsey@mybarberryhome.com
Listing updated September 3, 2024 at 1:46 pm
Last checked 8 minutes ago