Listing courtesy of John Fitzgerald from eXp Realty, LLC. Cell: 260-460-7439
Selling Office: eXp Realty, LLC.RARE 2-FOR-1 OPPORTUNITY!!! Two homes on one parcel offering strong income potential with both units already tenant occupied. This is a great opportunity for an investor looking for immediate cash flow. Both homes feature completely separate utilities, including split water, making management simple and efficient. The front home is a newer 3-bedroom, 1-bath property built in 1998 on a slab foundation. It has been nicely updated throughout, featuring a modern kitchen with an island and new cabinetry, updated flooring, and a refreshed bathroom. This unit is currently rented for $1,195 per month. The rear home is a 1-bedroom, 1-bath unit that has also been updated on the interior. It features electric heat and a tankless water heater, with a tenant in place paying $595 per month. Combined, the property generates $1,790 per month in rental income. At the list price of $159,900, this presents a strong opportunity for immediate cash flow and a solid return for investors. Opportunities like this—with two separate units, strong rents, and utilities split—don’t come around often.
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 