Rare opportunity to purchase a package of five duplexes (18 total units) in Carthage, Indiana for $1,400,000. Price includes each property is listed individually at $150,000 per duplex, $75,000 per unit. Must be sold by the duplex. Seller is looking to sell as a complete portfolio. Every duplex features two bedrooms and one full bathroom, 798 sqft, with an average rent of $800 per unit, providing solid cash flow and strong rental demand. The properties are professionally managed by Dudley Property Management out of Greenfield, making this a turnkey investment. Located in the quiet rural town of Carthage, tenants enjoy small-town living with the convenience of nearby Greenfield and Shelbyville for shopping, dining, and employment. This is a rare chance to add 10 doors to your portfolio with income-producing properties that are already leased and operating. Package includes: 207-209 Winters Way, 210-212 Winters Way, 211-213 Winters Way, 301-303 Winters Way, 302-304 Winters Way, 305-307 Winters Way, 306-308 Winters Way, 309-311 Winters Way, and 310-312 Winters Way.
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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Carthage is located in Indiana. Carthage, Indiana has a population of 856. Carthage is more family-centric than the surrounding county with 34.84% of the households containing married families with children. The county average for households married with children is 28.16%.
The median household income in Carthage, Indiana is $33,920. The median household income for the surrounding county is $58,887 compared to the national median of $69,021. The median age of people living in Carthage is 28.9 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 45.1 inches per year, with 20.7 inches of snow per year.
