Listing Courtesy of Caleb Drake Levin Rinke Realty 812-243-2419
***Income-Producing Triplex – Duplex with Detached Efficiency Unit*** This three-unit investment property offers immediate cash flow and strong long-term potential. The property includes a duplex and a detached efficiency unit on the same lot, providing multiple income streams. The duplex is currently rented for $1,620 per month on annual leases, with room to increase rents. The efficiency unit offers additional income potential, with market rents estimated at over $500 per month. Recent updates include a newer roof, just three years old, reducing capital expenditures for the foreseeable future. The duplex has also been rewired, adding to the property's reliability and value. Professionally managed with quality tenants already in place, this is a true turnkey investment with minimal hands-on involvement. The strong rental history and the ability to optimize rental rates make this an excellent opportunity for investors looking to maximize cash flow. Schedule a showing today.
- Full Baths: 0
- Half Baths: 0
- Heat System: Central
- Roof: Shingle
- Acres: 0
- Sqft: 0
- Property Sub Type : Triplex
- Year Built: 1953