316 S Lee St, Garrett, IN 46738
- $219,900
- 3
- BD
- 3
- BA
- 2,004
- SqFt
Listing courtesy of Ivan Koblov from Keller Williams Indy Metro NE. Cell: 317-850-7985
- List Price
- $219,900
- Status
- PENDING
- MLS#
- 202632112
- Year Built
- 1900
- Days On Market
- Unknown
- Bedrooms
- 3
- Bathrooms
- 3
- Living Area
- 2,004
- Township
- Keyser
Property Description
Well maintained fully occupied triplex - one of NE Indiana's stronger, faster-appreciating submarkets. Two units thoroughly updated within the last few years; third in good condition with a long-term tenant. Unit 1 (first floor, most updated): $1,000/mo Unit 2 (upstairs, long-term tenant, about 10 yrs): $750/mo Unit 3 (back, updated): $1,050/mo Owner pays utilities and lawn care. Off-street parking for 3-4 vehicles. Separate basement access for all units. 3 separate washer/dryer connections (gas and electric) are available and currently unused. Gross: $33,600/yr NOI: $24,900/yr Cap rate: 11.3% GRM 6.5
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Additional Information
- Acres
- 0.13
- Taxes
- $2,500
- Lot Features
- Irregular Lot
- Water
- Public
- Heating
- Hot Water
- Cooling
- Window/Wall
- Flooring
- Combination
- School District
- Garrett Keyser Butler
- Elementary School
- J.E. Ober
- Middle School
- Garrett
- High School
- Garrett
- Agent Name
- Ivan Koblov
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 