PRICE DROP BUY & HOLD SFH, 7 MINUTES FROM KOKOMO
2469 S County Road 465 W in West Middleton, IN
NOW ONLY $105k
This is a solid 1824’ SFH which was built in 1940. Property includes 2 parcels, has 1 full bathroom, 1 partial bathroom (a toilet installed in the bedroom closet), a bedroom on the main floor and 2 rooms upstairs that could be two additional bedrooms with the addition of a wall. There is a huge kitchen, a separate laundry room, a front room, living room, dining room, basement, and an oversized cement block garage and circular driveway. There was a minor leak in the roof which has been fixed but the ceiling still needs to be patched. The electricity for both house and garage has been updated. Parts have been replaced inside the furnace. The house is close to rent ready, although it could use some updating. Per Rentometer, average rent for a 2/2 is $1398 (1.3%) and for a 3/2 average rent is $1463 (1.3%).
Property is located in the best school district in Howard County and close to the highly sought after city of Kokomo which has had a huge influx of people as a result of all of the new industry and job opportunities. Rental demand is at an all-time high which is driving up rental rates in the area. Per Owners, the city is anticipating creating a paved recreational trail alongside this house with anticipated increases in property values.
Please see additional pictures and a walkthrough video below.
Pics 2469 S County Road W West Middleton, IN – Google Drive
Click here for Rentometer for a 3/2: Rentometer 3/2.pdf – Google Drive
Click here for Rentometer for a 2/2: Rentometer 2/2.pdf – Google Drive