$15k DUPLEX 2 MILES FROM CAMPUS
1030 S 8th Street Richmond, IN
This 2052 sq ft duplex was built in 1920. It features a large covered front porch with 2 car garage and is only 2 miles/6 minute drive from Earlham College. The bottom unit has been completely gutted, and some new framing has been completed. This unit could be a 3/1 or 2/1. The upstairs is a 2/1. Both units need to be rehabbed. Per Rentometer, average market rent for a 2/1 in this area is $809 and avg market rent for a 3/1 is $941, making total avg market rent potential of $1750 for a 3/1 and 2/1.
Video and Additional Pictures: Pics 1030 S 8th St – Google Drive