707 3RD Avenue
Property Description
Excellent investment opportunity! This well-maintained four-unit property is ideally located just minutes from Union Hospital and the Indiana State University campus, offering strong rental appeal for healthcare professionals, students, and other tenants seeking a convenient location. Each unit is total electric, with tenants responsible for their own electric service, helping to minimize the owner's operating expenses. The owner pays water and sewer, and the electricity for the water heater, dryer and hall lights, making this an attractive, low-maintenance investment. New roof was installed in 2022. The coin-op washer and dryer were purchased in 2017. Conveniently located near downtown Terre Haute, restaurants, shopping, public transportation, and major employers, this four-plex offers an excellent opportunity to expand your investment portfolio or add a dependable income-producing property. With its desirable location and favorable utility structure, this multifamily property is one you won't want to miss!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $189,000 |
| Year Built: | 1978 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 1 |
ID: 3yd-THAARIN-109909
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