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6085 STATE ROAD 42 Road

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Address: 6085 IN-42, Poland, IN 47868, USA

Chicago & Midwest + 2-4 Units

Created date: January 5, 2025

Date last updated: January 15, 2025

Property Description

This home could be converted to a 4BR 2BA home or could be the income opportunity near Cataract Lake you been looking for. Many possibilities, but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4 bedroom 2 bath home and bought with a low down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental is available or in a short distance the state boat dock ramp for Cataract lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant. Room measurements are approximate and realize they are for a duplex and kitchen would be converted into a bigger size.

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Broker Details

BETH NEELEY

DOWN HOME REAL ESTATE AND AUCTION 765-795-4181 MLS ID: 762 State License Number: RB14024619

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	2-4 Units
Price:	$185,000
No. of Units:	2
Lot Size:	1,560.00 Sq ft
Opportunity Zone:	No
Price per unit:	$92,500
Property Website	Click Here
Number of Bedrooms:	4
Number of Bathrooms:	2

Address: 6085 STATE ROAD 42 Road, Poland, IN 47868, USA

Provided by:

Standard Status: Active

MLS Listing Number: 202432006
ID: 3yd-BMLSIN-202432006

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