110 S Cowen St, Garrett, IN 46738
- $220,000
- 5
- BD
- 3
- BA
- 2,272
- SqFt
Listing courtesy of Tammie Jones from Open Door Rentals and Real Est.
- List Price
- $220,000
- Status
- PENDING
- MLS#
- 202625190
- Year Built
- 1900
- Days On Market
- Unknown
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,272
- Township
- Keyser
Property Description
TRIPLEX in DeKalb County. This brick home situated on 2 lots near downtown Garrett is a turn key investment. Unit 1 (vacant for showings:upstairs) rents is a 3 bed 1 bath and rents for $975, unit 2 is 1 bed 1 bath and rents for $685 (month to month lease, unit 3 is a 1 bed 1 bath and rents for $675 (expires 1-31-27). $2335 monthly income! Property insurance is $926/yr and taxes are $2843/yr. Each unit is RUBS Water/sewer/trash. Professional management in place. 1 water/sewer meter, 3 electric meters, basement access from exterior. Each unit has a stove/refrigerator. Unit 1 has a gas furnace (1 gas meter). Unit 2 is electric baseboard. Unit 3 is all electric baseboard heat. Parking in the rear of unit. Owner pays to mow lawn. Year 1 Estimated Value: $228,800 Year 1 Appreciation Gain: $8,800 Year 1 ROI on Cash Invested: 19.6% Year 5 Estimated Value: $267,664 Year 5 Appreciation Gain: $47,664 Year 5 ROI on Cash Invested: 105.9%
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Additional Information
- Acres
- 0.14
- Taxes
- $2,843
- Lot Features
- Sloped
- Water
- City
- Heating
- Baseboard, Forced Air
- Cooling
- Window/Wall
- Flooring
- Carpet, Laminate
- School District
- Garrett Keyser Butler
- Elementary School
- J.E. Ober
- Middle School
- Garrett
- High School
- Garrett
- Agent Name
- Tammie Jones
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 