604 Hendricks Street
Property Description
Unlock the potential of this triplex, offering an excellent opportunity for investors and owner occupants alike. With strong upside potential, this property has the potential for a new owner to increase cash flow by updating the units with more modern finishes and capitalize on higher rents, or leave as-is for an easy portfolio addition. 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 two to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. With multiple income streams, room to build equity through strategic improvements, and the chance to maximize rental income, this triplex is a savvy investment in today's market. Don't miss the opportunity to add value and make this property work for your financial goals. Electric metered separately. Tenants pay $50 each for water/sewer utility charge. Rents are $675-750 currently. Two 2/1 units, one 1/1 unit.
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: | $170,000 |
| No. of Units: | 3 |
| Year Built: | 1886 |
| Opportunity Zone: | No |
| Price per unit: | $56,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-MIBORIN-22111615
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