Unlock the potential of this triplex, offering an excellent opportunity for investors and owner occupants alike. With strong upside potential, this property has the potential for a new owner to increase cash flow by updating the units with more modern finishes and capitalize on higher rents, or leave as-is for an easy portfolio addition. Whether you're looking to expand your investment portfolio or get started in real estate, this property offers flexibility and long term potential. Live in one unit while renting the other two to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. With multiple income streams, room to build equity through strategic improvements, and the chance to maximize rental income, this triplex is a savvy investment in today's market. Don't miss the opportunity to add value and make this property work for your financial goals. Electric metered separately. Tenants pay $50 each for water/sewer utility charge. Rents are $675-750 currently. Two 2/1 units, one 1/1 unit.
Updated triplex near downtown Anderson. Unique investment opportunity for the right buyer. 3 level triplex with three two-bedroom units. Ground floor unit is the most spacious, offering multiple living areas and two bathrooms. Second floor unit is good size as well, but just one bath. Upper unit is more of an efficiency 2 bedroom with kitchen/living room combo. Projected rents totaling over 2k/month, this could be a great cash-flowing asset.
Own a piece of history with this beautifully converted triplex, offering both charm and strong income potential. This unique property features three separate levels, each designed with its own private entrance, 2 bedrooms, full kitchen, living area, and full bath-ideal for tenants seeking comfort and privacy. With an estimated rental income of up to $3,200 per month, this is a fantastic opportunity for investors or owner-occupants alike. Recent updates include new flooring and fresh paint throughout, along with updated kitchens on the first and third levels. The third floor is also equipped with mini-split systems for efficient heating and cooling. Prefer to make it your own? This versatile property can easily function as a spacious single-family home, offering 7 bedrooms, 3 full baths, and 3 kitchens-perfect for multi-generational living or in-law suites. Whether you're looking to expand your portfolio or create a home with room to grow, this property delivers flexibility, character, and value.
This package features three consistently high-demand rental duplex properties (6 units) situated in the Anderson, IN market. The portfolio offers a secure, well-managed investment with immediate upside potential. Stable Income Stream: The properties demonstrate strong, reliable cash flow, supported by excellent historical rent collection and exceptional occupancy rates (minimal historical vacancy). Turnkey Efficiency: Current owners have meticulously maintained the units, significantly minimizing the need for immediate Capital Expenditure (CapEx). Value-Add Opportunity: Current rents are below prevailing market rates for comparable local properties, providing a clear path for substantial income growth through gradual rent increases to achieve market value. Tenant Stability: Due to diligent maintenance, the properties have high long-term tenant satisfaction, contributing to low turnover.
Welcome to 120 and 118 W Fifth Street - a beautifully updated duplex located just steps from downtown Anderson. This property is the perfect blend of classic charm and modern style with great curb appeal and loads of character. This versatile property offers three spacious units with many updates, vintage details, and abundant natural light. With a third unit already in the home, it can be easily be converted into a triplex. All three units have a kitchen, washer/dryer hookup, and bedroom(s). Whether you're looking to house hack by living in one unit and renting out the others or build a short term rental portfolio, this property is great for any investor. The home has easy access to shops, dining, and local amenities, making it ideal for guests or tenants. Don't miss out on this rare opportunity to own a flexible, income-producing property!
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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Anderson is located in Indiana. Anderson, Indiana has a population of 54,459. Anderson is less family-centric than the surrounding county with 20.09% of the households containing married families with children. The county average for households married with children is 25.19%.
The median household income in Anderson, Indiana is $40,632. 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 Anderson is 39.2 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 41.2 inches per year, with 19.2 inches of snow per year.
