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Listed by Jonathan White • Whites Realty
$ 100,000
Est. payment /mo
Active
1205 W 12th Street Connersville, IN 47331
0.56 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 207848
Year Built 1950
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions 0.56 AC
Property Sub-Type Multi Family
Property Description
Excellent multi-unit investment opportunity spanning 3 tax parcels with immediate cash flow and incredible value-add potential! Total package includes: one occupied 2BR/1BA stick-built home ($375/mo); two mobile homes owned by seller (one rented at $425/mo, one vacant); and two tenant-owned mobile homes providing steady lot rent ($165/mo each). All current tenants are on flexible month-to-month leases. Landlord pays water. Gross income sits at $18,660/year based on full occupancy of the main home and 4 trailers. There is a second vacant stick-built home on-site in need of repair. Selling as a complete package. Selling as is and priced to sell. (Parcels: 21-05-23-403-236.000-003, 21-05-23-403-036.000-003, 21-05-23-403-136.000-003).
Location
State IN
County Fayette
Area Connersville
Interior
Heating Not Applicable
Cooling Not Applicable
Flooring Not Applicable
Exterior
Parking Features None
Roof Type Not Applicable
Building
Foundation Not Applicable
Sewer Public Sewer
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