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SPECIAL PRICING 4 CASH-FLOWING UNITS Sold

  • $185,000
Sold

SPECIAL PRICING 4 CASH-FLOWING UNITS

7 and 11 W Ottawa St Logansport, IN

Only $185,000

This package features a triplex with three 1/1’s and it sits next to a beautiful 3/1 SFH. There have been so many updates and all major repairs have been completed.  The current total cash-flow is $3067 per month and tenants pay their own utilities providing a 1.7% rent/purchase price. Raise rents to average market rate of $3750 and your rent/purchase price soars to over 2%!  The SFH has a 1+ car garage and 3 carports, allowing the possibility to increase ROI even more by charging an additional fee for use of carport/and or garage, 4 spaces for 4 units.  Both properties are professionally managed.

7 W OTTAWA ST LOGANSPORT, IN 46947

TRIPLEX CASH FLOWING $2067  This 1748’ MFH features 3 units, each a 1/1.  This property has had some renovations including new flooring, fresh paint, and some new cabinets, new roof/new siding/new soffits in 2024.  All 3 units are occupied rent is as follows $767, $650, and $650 plus utilities. This property is on a cellar.

FOR ADDITIONAL PICS, PLEASE CLICK HERE:  Pics 7 W Ottawa St Logansport, IN – Google Drive 

11 W OTTAWA ST LOGANSPORT, IN 46947

This adorable 914’ SFH is a 3/1.  The renovated home has an open floor plan, a large covered back porch with curtains, French doors leading to a cozy sunroom, a huge dry basement, washer and dryer hook ups, a large garage, and a carport for 3 vehicles. Some of the many renovations include updated kitchen and bathroom, and new flooring and fresh paint throughout the house, 2 new windos/1 door/siding and soffits replaced in 2024.  The tenants keep the property in immaculate shape.  The home is cash flowing $1000 per month plus utilities.

FOR ADDITIONAL PICS, PLEASE CLICK HERE:  Pics 11 W Ottawa St Logansport, IN – Google Drive 

 

Address City Type Beds/ Baths Rent per unit Total rent Ave mkt rent Yearly taxes
7 W Ottawa St Logansport Triplex 3 x 1/1 $767, $650, $650 $2,067 3 x $800 $400
11 W Ottawa St Logansport Single 3/1 $1,000 $1,000 $1,350 $668
Price:
$185,000
Address:
7 and 11 W Ottawa St
Logansport, IN
Terms:
For Sale
Property Type:
Other

Call (317) 501-5336 for more details

Property Location