1627 Brown Street
Property Description
Excellent investment opportunity at 1627 Brown St in Anderson! Centrally positioned in Anderson. This recently renovated 4-unit apartment building offers immediate rental income along with additional upside potential. The property features four 1-bedroom, 1-bath units, with three units currently occupied and one unit vacant. Current gross rental income is approximately $1,625 per month, with the potential for significantly higher income once the vacant unit is leased and rents are optimized. This an attractive opportunity for an investor looking for a multifamily property with improvements already completed. With four income-producing units under one roof, recent improvements, current rental income, and additional income potential, this property offers a strong opportunity to add a multifamily asset to your portfolio. Don't miss this 4-unit investment property!
Broker Details
Keller Williams Indy South (317) 882-5900
MLS ID: 40977 State License Number: RB17002210
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $164,000 |
| No. of Units: | 4 |
| Year Built: | 1965 |
| Opportunity Zone: | No |
| Price per unit: | $41,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-MIBORIN-22127136
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