NEW PRICE! EASILY CONVERTED BACK TO A SINGLE FAMILY HOME! Currently an income producing triplex rental. Home is used as a duplex, but the home is very easily converted back to a single family home by a door. The 3rd rental unit is above the detached garage. Home has some high character including a great 10x40 covered front porch, nice woodwork inside, and very unique arched french glass doorway, newer landscaping and exterior paint. The main level of the home in need of updates, the upper level has been updated. Current rents are: HOME: 1-2 BR/1 BA - $600/mo, 2 BR/1 BA - $600/mo. GARAGE: 1 BR/1 BA - $475/mo. Total monthly gross rental income being $1,675/month. Rents being raised in October to $1,850/month. 3 gas furnaces. Updated electrical panels in home. Full walkout basement. Property has lots of potential and if reverted back to a single family home, the garage apartment would make a great guest suite or rental to reduce mortgage payment! Cash or conventional financing SOLD AS-IS
Garage Detached, Heated
Driveway, Garage, Off Street
Forced Air, Gas
1 Bedroom Units
2 Bedroom Units
One and One Half
Request more info about this property:
This listing courtesy of Tudor Square. All Information is believed accurate, but is NOT guaranteed.
The data relating to the real estate for sale on this web site comes
in part from the Broker Reciprocity program of the Southeast Indiana
Board of REALTORS®. Real estate listings held by brokerage firms
other than Hoeting Realtors are marked with the Broker Reciprocity
logo or Broker Reciprocity house icon. The properties displayed may
not be all the properties available through Broker Reciprocity.