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House
·
for sale
USD 219,900
USD 109/sq.ft
316 S Lee Street
Auburn Junction
· 2,002 sq.ft · 3 Bedrooms · 3 Baths · House
· Cellar · Parking
Auburn Junction · 2,002 sq.ft · 3 Bedrooms · 3 Baths · House · Cellar · Parking
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
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
USD 219,900