Solid 4-plex in Alexandria, IN - perfect value-add opportunity. The property features two 2-bedroom units and two 1-bedroom units. One 2-bedroom is currently rented at $750/month, providing immediate income, while the remaining three units are vacant and ready for turnover or rental advertising -ideal for increasing rents and maximizing cash flow. Strong bones, strong rental demand, and plenty of upside for an investor or owner-operator looking to force appreciation. Don't miss this income-producing opportunity with built-in growth potential.
Fully occupied quadplex in Anderson offering a strong cash-flow investment opportunity. With all units leased, this property provides immediate, consistent rental income and dependable returns. Conveniently located near local amenities and major routes, it's a solid addition to any investor's portfolio. Price reflects the package deal of all addresses listed: 702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 822 Howard St Muncie IN.
Looking to expand your rental portfolio? Now offering 2 connected Buildings, a total of 7 Units, 7currently under leased. These units have lots of rental potential, could be used as apartments or business offices. ( Has been a hair studio, and book store. ) Great convenient location, this is Downtown Alexandria across from the city park and Library. Parking lot included, and City parking lot next door. 5 GAS Furnaces, 2 Electric Furnaces. 7 individual meters for electric. This property's Gross income is over $5400 a month. Tenants pays electric and gas. The OUTSIDE RECENTLY PAINTED, NEW TPO ROOF in 2022. Most appliances stay except for the large washer in dryer in the unit rented out to a cleaning company. Some of the Furnaces are newer, there is some newer flooring and drywall throughout, City Water, sewage and trash currently paid by owner. 2 Back Balconies for the tenants upstairs, There is a one car storage area, great for supplies and tools. This property has been owned and maintained for over 15 years , it is being sold AS-IS. Motivated Seller
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Alexandria is located in Indiana. Alexandria, Indiana has a population of 5,120. Alexandria is more family-centric than the surrounding county with 29.78% of the households containing married families with children. The county average for households married with children is 25.19%.
The median household income in Alexandria, Indiana is $53,990. The median household income for the surrounding county is $54,491 compared to the national median of $69,021. The median age of people living in Alexandria is 36.9 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 41.5 inches per year, with 19.5 inches of snow per year.
