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UPDATED QUAD READY TO CASH-FLOW $2500 PER MONTH DISCOUNTED IF PUCHASED AS PART OF 9 DOOR PORTFOLIO Sold

  • $165,000

This large MFH has 4 units each with 1 bedroom and 1 bathroom.  3 of the 4 units were just remodeled this week! They are move in ready! The 4th Unit is currently occupied with a mo2mo tenant who wants to stay.

Total anticipated rent keeping current tenant and filling vacant units is $2500! Current tenant is paying $550 per month with potential to increase to $600. Anticipated rent for newly remodeled units is $650 per month. Nothing to do here except figure out how to spend your money! Each unit’s electric is separately metered, landlord pays water and sewage.

Asking only $165k if purchased separately or discounted price of $160k if purchased as part of 9 door package. All properties are located within a 5-minute radius.  We would be glad to recommend an awesome Property Manager!

9 Door Package Price is only $350k OBO with Potential to Earn in Excess of $6k per month! Step Aside 1% Rule, this is almost 2%!  Please call, text, or email Lisa for additional details.

Price:
$165,000
Address:
925 S. MAIN STREET
New Castle, IN
Terms:
For Sale
Property Type:
Quadraplex

Call (317) 501-5336 for more details

Property Location