Earn a fantastic cash flow on this triplex in a quickly-improving neighborhood For Sale

  • $39,000
  • 3 beds
  • 3 baths
  • 1,998 sqft

Earn a fantastic cash flow on this triplex in a quickly-improving neighborhood. Be all in for about $80K and earn $1500-1650 per month. One long-term tenant wants to stay. Structurally sound building needs roof, flooring, paint, and bathroom updates to be rent ready. Could also be converted back to a SFR for a fix and flip. Three of the four closest 1br/1ba rental comps rent for $700 or more, which shows the direction this neighborhood is going.

CLICK HERE to see Sales Comps

CLICK HERE to see Rental Comps based on 1br/1ba

CLICK HERE to see more information on investing in Anderson

 

 

Frequently Asked Questions:

  1. Can you provide financing? NO
  2. Are tenants in place? CONTACT US FOR MORE INFO
  3. Are tenants current? CONTACT US FOR MORE INFO
  4. When does the tenant lease expire? CONTACT US FOR MORE INFO
  5. Who pays the utilities? (tenant or owner) TENANTS
  6. Can you manage the rehab? NO
  7. Can you manage the property? NO
  8. Can I lease it from you? NO

What to expect:

  • Property is being sold ‘as-is’.
  • The buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • The buyer will need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title to reserve the property.
Price:
$39,000
Address:
2403 Fletcher St
Anderson, IN 46016
Square Feet:
1,998
Lot Size:
6,165
Bedrooms:
3
Bathrooms:
3
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1890
Const. Type:
Wood Frame

Call 866-335-3739 for more details

Question About This Property

  • This field is for validation purposes and should be left unchanged.

Property Location