1112-1114 N Elm Street
Property Description
Income-producing triplex currently generating $2,135 per month in gross rental income! This property offers three separate units consisting of two 1-bedroom units and one 2-bedroom unit, providing an established multi-unit investment opportunity. The property features separate living spaces with kitchens and baths for each unit, along with a mix of updated flooring, cabinetry and finishes throughout. Exterior vinyl siding and a covered front porch add to the property, while the layout provides three distinct rental units under one roof. With $25,620 in current annual gross rental income, this triplex offers an opportunity to add an income-producing property to your portfolio without starting from scratch. Whether you're looking to expand an existing rental portfolio or purchase your first multi-unit investment, the numbers make this one worth a look. Current rents total $2,135/month. Buyer to verify rents, expenses, leases, utilities and all other investment information.
Broker Details
RE/MAX Real Estate Groups (765) 288-0400
MLS ID: 37184 State License Number: RB14050240
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $125,000 |
| No. of Units: | 3 |
| Year Built: | 1893 |
| Lot Size: | 1,868.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $41,667 |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-MEINAR-202635206
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