Rachel Earl
BEDS4
BATHS2
MLS#844081
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONThompsons Add
SCHOOLRensselaer Central
Property Description
Excellent Investment Opportunity! This well-maintained, fully furnished duplex offers established rental income and a convenient location. Both units are furnished and ready for continued use, providing added value and convenience for the next owner. Each unit offers a living room, dining area, fully-applianced kitchen, tiled bathroom w/heated floors, 2 bedrooms, & 1 car att. garage. Also, each patio door leads to their own private outdoor patio space, making this property an attractive option for an investor seeking an income-producing property. The property also provides flexibility for an owner-occupant who may choose to live in one unit while renting the other. In addition, future strategy potential exists to explore possibly a condominium conversion. Conveniently located on a corner lot in town, just off the I-65/SR 114 corridor, this property combines location, condition, furnishings, & income potential. Whether you're looking to expand an investment portfolio, pursue an owner-occupied strategy, or explore the potential for future condominium conversion and separate sale, this property offers multiple possibilities.
Property Features
Property Type: Multi Unit - Multiple
Garage: 2 car attached
Heating: Forced Air, Unit Control, Natural Gas
Lot Size: 0.18 Acres
Stories: 1.0
Taxes: $1,990
Year Built: 2012
Amenities
Ceiling Fan(s)
Private Yard
Appliances
Dryer
Washer
Refrigerator
Microwave
Gas Water Heater
Gas Range
Dishwasher
Feature Descriptions
Days on Site: 47
Lot: Corner Lot, Rectangular Lot, Landscaped
Parking Features: Concrete, Garage Door Opener, Attached, Garage Faces Front, Driveway
Rent Includes: All Utilities
Rooms Total: 10
Sewer: Public Sewer
Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Water: Public
Local Schools
School District: Rensselaer Central
Listed By / Shown By
Listed By
Agency Name: Jenkins Real Estate, Inc.
Agency Phone: (219) 866-5908
Shown By
Agent Name: Rachel Earl
Agent Phone: (317) 600-8448
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 2,342.84 per month $2,069.12 Principal & Interest $165.83 Property Tax $107.89 Homeowner's InsuranceChange Payment Information
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701-703 N College Avenue | MLS# 844081
This multi-family property located at 701-703 N College Avenue, Rensselaer, IN 47978 is currently listed for sale with an asking price of $369,900. 701-703 N College Avenue is located within the Rensselaer Central school district. Search Rensselaer real estate on rachelearl.ikeyrealty.com today.