$389,900
Turn Key Investment property. This well-maintained updated 4-plex offers an excellent investment opportunity with established, long-term tenants providing steady income. 3 tenants are on month-to-month leases, and one has a lease through 4/2025 allowing flexibility for new ownership decisions. Strong rental demand in this area ensures high occupancy. The property has easy access to US 31. Whether you're a seasoned investor or just starting, this property presents an ideal opportunity for reliable income with growth potential. All units include washers, dryers, refrigerators, and oven ranges. Recent updates include a New roof in 11/2024, a New HE commercial-grade water heater, and a New HE commercial-grade boiler heater.
GPS Friendly
MLS # | 22014296 |
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Date Listed | 2024-12-10 |
Status | Active |
Property Type | Multi-Family/Apartments |
Property SubType | Fourplex |
New Construction | No |
Style | TraditonalAmerican |
Type | Fourplex |
Basement | Partial |
Year Taxes Payable | 2023 |
Year Built | 1920 |
Days on Market | 14 |
Design | TraditonalAmerican |
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Cooling | Window Unit(s) |
Heating | Radiator(s) |
Construction | Fourplex |
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Lot Size | 7,248 sq ft |
Acreage | 0.16 Acres |
Fence | Fence Full Rear |
Area | Tipton |
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County | Tipton |
Subdivision | Blounts Add |
Township | Cicero |
City | Tipton |
State | IN |
Zip | 46072 |
School District | Tipton Community School Corp |
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Elementary | Tipton Elementary School |
Middle School | Tipton Middle School |
High School | Tipton High School |
Assoc. Dues | $0.00 |
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MLS# 22014296
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 Shaquenta Purdie
Carpenter, REALTORS®
spurdie@callcarpenter.com
Listing updated December 19, 2024 at 6:46 pm
Last checked 9 minutes ago