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Listed by Ivan Koblov • Keller Williams Indy Metro NE
$ 265,000
Est. payment | /mo
5,227 Sqft Lot
$ 265,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22113213
Year Built 1906
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Quadruplex
Property Description
3 Units rented out, fourth will be signed this Sunday. Well-maintained 4-unit multi-family in a great location close to downtown with a strong income profile and immediate upside. Extensively remodeled throughout: updated plumbing and electrical, energy-efficient windows, premium siding, and renovated units with quality finishes. This is a clean, well-cared-for building, done with the intention of a long-term keep. Current owner uses the garage for storage - potential rental at $100-$150/mo that's not included in the numbers. Current rents are: $950, $1050, $950, $950. Value-add upside: two furnaces in place to add central AC and lift rents; owner-paid utilities can be sub-metered or recaptured; garage and 800+ sq ft attic offer additional income potential.
Location
State IN
County Huntington
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Shingle
Building
Story Two
Foundation Brick/Mortar
New Construction false
Schools
School District Huntington Co Com Sch Corp
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