1202 E 8th
Property Description
All completed in 2016: Vinyl siding, dimensional shingle roof, vinyl windows, 2 high efficiency furnaces and A/C units, 2 water heaters, remodel with LVP flooring, new plumbing and electrical. Shared washer/dryer in basement. Current leases- 1202 unit at $1,410 per month (includes $150 for utilities) expiring 2/28/2027 and 1204 unit at $865 per month (includes $90 for utilities) expiring 10/31/2026. The units have shared gas and water/sewer. The electric is individually metered. Unlock the potential of this duplex, offering an excellent opportunity for investors and owner occupants alike. With strong potential, this property has the potential for a new owner to increase cash flow by capitalizing on higher market rents. Whether you're looking to expand your investment portfolio or get started in real estate, this property offers flexibility and long term potential. Live in one unit while renting the other to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. Don't miss the opportunity to add value and make this property work for your financial goals.
Broker Details
Keller Williams Indy Metro West (317) 271-5959
MLS ID: 38816 State License Number: RB17000722
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $179,000 |
| No. of Units: | 2 |
| Year Built: | 1920 |
| Opportunity Zone: | No |
| Price per unit: | $89,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-MIBORIN-22111608
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