Discover this charming brick duplex, perfectly designed for comfortable living and investment potential. Each of the two spacious units offers approximately 1,337 square feet of well-planned living space, making them ideal for both owner-occupants and tenants. Each unit includes large sized rooms, providing ample space for relaxation and entertainment. With plenty of closet space, including walk-in closets in the master bedrooms, storage will never be a concern. Both units feature convenient utility/laundry rooms to make household chores a breeze. Each unit comes equipped with a stove and refrigerator, ready for immediate move-in. Unit 2 is enhanced with a cozy wood-burning fireplace, perfect for those chilly evenings, while Unit 1 features a large entertainment center for your media needs. Enjoy the benefits of 200-amp service in both units. Tenants are responsible for the utilities. Additional storage or parking is provided by the detached garage, adding to the property's versatility. Situated within walking distance of the vibrant downtown area and local churches, this property offers convenience and accessibility to community amenities. Ideal for an owner looking to occupy one unit and rent out the other, or for investors seeking to capitalize on rental income from both units. This duplex combines the charm of brick construction with modern amenities and a desirable location, offering an exceptional opportunity for both living and investment. Don't miss the chance to make this versatile property your own!
Turn Key Investment property. This Triplex was purchased in 2022 and has been totally renovated. It has been rented out ever since. New Metal roof, vinyl siding, plumbing, and electrical. Each unit has new furnace and A/C, Vinyl plank flooring, updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water, sewer. High income and low maintenance. This property could be purchased in a package of 4 buildings with 11 units.
Turn Key Investment property. This duplex was purchased in 2020 and has been totally renovated. It has been rented out ever since. New Metal roof, vinyl siding, plumbing, and electrical. Each unit has new furnace and A/C, Vinyl plank flooring, updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water,sewer. High income and low maintenance. This property could be purchased in a package of 4 buildings with 11 units.
Turn Key Investment property. This 4 unit quadplex was purchased in 2021 and has been totally renovated. It has been rented out ever since. New Metal roof, vinyl siding, plumbing, and electrical. Each unit has new furnace and A/C, Vinyl plank flooring, updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water,sewer. High income and low maintenance. This property could be purchased in a package of 4 buildings with 11 units.
Turn Key Investment property. This duplex was purchased in 2019 and has been totally renovated. It has been rented out ever since. New vinyl siding, plumbing, and electrical. Each unit has new furnace, A/C, and updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water,sewer. High income and low maintenance. This property could be purchased in a package of 4 buildings with 11 units.
Add this triplex to your portfolio today! Unit 1614 is being rented as a 2 bedroom unit with a long term renter for $600 rent, $575 deposit, and lease ends 2-29-25. Unit 1614.5 is a 1 bedroom unit, currently vacant. Unit 1616 is also being rented as a 3 bedroom unit at $600 rent, $800 deposit, and lease ends 11-30-24. Seller pays W/T/S and tenants pay electric & gas. It has street parking and more parking in the rear off the alley. It also features a back patio and covered front porch. Donâ??t miss out on this great investment opportunity!
Four-plex close to downtown. Newer roof and windows. Corner lot with large back yard. Wrap around porch. Good income. Furnace and water heater in basement. Basement has outside entrance. Unit two has its own washer and dryer hookup.
Triplex rental with good income. Always occupied by paying tenants. Central location for shopping. Two of the tenants have been there for years. Corner lot.
Exciting Investment Opportunity: Prime Rental Property Alert! Seize The Chance To Own A Lucrative Rental Asset, Boasting Four Units With Three Currently Leased Under Flexible Month-To-Month Agreements. Dive Into The Potential Of This Investment By Reaching Out For Detailed Rental Income Insights. This Property Needs Improvements Which Will Drive Higher Rental Income! Property Specifications: Utilities: Each Apartment Benefits From Individual Gas And Electric Meters, While Water Expenses Are Inclusively Managed By The Property Owner. Exterior: Crafted With Durable Vinyl Siding For Easy Maintenance. Composition: This Property Encompasses Four Distinct Apartments, Including A One Apartment Above The Garage. Garage: Lower Section Is Being Utilized For Storing Property Maintenance Tools And Equipment. Financial Overview: Listing Agent Will Provide Financial Details. Apartment A: Fuel: Gas. Layout: 1 Bedroom, 1 Bathroom. Furnace: Vintage Model. Water Heater: Replaced 5 Years Ago. Entry: Front Access. Apartment B: Layout: 1 Bedroom, 1 Bathroom. Water Heater Age: 6-7 Years. Specialty: Exclusive Basement Access. Entry: Rear Access. Apartment C: 2 Bedrooms, 1 Bathroom, Situated Upstairs Of Larger Property Apartment D: Layout: 1 Bedroom, 1 Bathroom. Updates: Benefitted From A New Roof And Furnace In 2023. Layout: 1 Bedroom, 1 Bathroom, Located Above The Garage Additional Insights: Lease Conditions: All Units Are Currently Month-To-Month. Tenant Duties: Tenants Are Responsible For Their Electric And Gas Charges, With Options For Cable Access. Laundry Facilities: Absence Of In-Unit Washers/Dryers. Initial Fees: Tenants Have All Made Initial Payments Covering The First Month's Rent Along With Security Deposits. Electrical System: Features Separate 100 Amp Electrical Panels Per Apartment With Modern Wiring Updates.
Elwood is located in Indiana. Elwood, Indiana has a population of 8,295. Elwood is less family-centric than the surrounding county with 20.63% of the households containing married families with children. The county average for households married with children is 25.19%.
The median household income in Elwood, Indiana is $46,709. 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 Elwood is 40.6 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 41.4 inches per year, with 20.6 inches of snow per year.